Apple to pay shareholder dividends for first time in 17 years

Apple to pay shareholder dividends for first time in 17 years

Apple says it plans to pay its shareholders a dividend for the first time in 17 years.

The company also plans to spend $45bn buying back shares.

The maker of the iPhone, iPad and iPod says it will reinstate the dividend from July and will repurchase shares over a three-year period beginning next year.

Apple is sitting on almost $100bn in cash and says it will retain a "significant war chest for strategic opportunities".

More in this Section

Uber appoints new manager for its Ireland/UK operationUber appoints new manager for its Ireland/UK operation

Ibec urges Government to invest in key projects as economy growth to slowIbec urges Government to invest in key projects as economy growth to slow

Gov should be planning for no-deal Brexit by putting legislation and funding in placeGov should be planning for no-deal Brexit by putting legislation and funding in place

Tory Party chairman James Cleverly: Jamie Oliver’s restaurant collapse not about BrexitTory Party chairman James Cleverly: Jamie Oliver’s restaurant collapse not about Brexit


Lifestyle

Parents need all the help they can get these days — so should children help out more at home, asks Lindsay WoodsHelping hands: Chores can be child’s play

The Leaving Cert points have been tallied, the CAO offers made, and now the hunt is on for student accommodation.Making Cents: Now, first-years must learn how to rent a room

A dermatologist gives their advice on what to do when your skin is suffering from post-partum hormones.How your skin can change post-pregnancy and what you can do about it

Sadly, the deceased Okjokull Glacier might just be the tip of the iceberg.As Iceland mourns a departed glacier – Five glaciers to visit before they disappear

More From The Irish Examiner