Apple will pay dividends for the first time in 16 years

Today at 17:00 Moscow time, a press conference was held with the participation of Apple CEO Tim Cook and CFO Peter Oppenheimer, devoted to one issue - what the company will spend 97.6 billion dollars accumulated on Apple accounts. Tim Cook announced the payment of dividends in the amount of 2 dollars 65 cents per quarter and the redemption of shares in the amount of 10 billion dollars. In total, the company will spend on these goals 45 billion in the next three years.

The last time Apple paid dividends in 1995. In July 2011, Apple ’s financial reserves exceeded the US government ’s operational reserves. At the time of the publication of the topic, the stock price of Apple jumped by one and a half percent in less than 15 minutes of trading. By the close of trading Apple shares rose 2.65%, updating the historical maximum of $ 600 per share, which they reached 3 days ago, before the start of sales of the new iPad.