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Fundamentals of Financial Manageme...

14th Edition
Eugene F. Brigham + 1 other
ISBN: 9781285867977

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BuyFindarrow_forward

Fundamentals of Financial Manageme...

14th Edition
Eugene F. Brigham + 1 other
ISBN: 9781285867977
Textbook Problem

Use online resources to work on this chapter's questions. Please note that website information changes over time, and these changes may limit your ability to answer some of these questions.

In this chapter’s opening vignette, we discussed Apple’s decision to establish a dividend payout policy in 2012 and its subsequent decisions to increase quarterly dividends and raise its repurchase program to $175 billion. Let's find out what has happened to Apple's (AAPL) dividend policy since the time of its original announcement. We can address this issue by relying on data provided on internet financial websites such as Yahoo! Finance, Morningstar.com, Google Finance, and MSN Money (www.msn.com/en-us/money/markets). You will have to use a combination of these sites to answer these questions.

1. What has happened to Apple's dividend per share, dividend yield, and dividend payout over the past 4 years? Provide an explanation for what took place.

Summary Introduction

To explain: The dividend yield, dividend per share, and dividend payout over the past 4 years.

Introduction:

Dividend Policy:

It is the rules and regulations or protocol which a company sets to share its earning with its shareholders Dividend’s payment include payment to be made legally as well as financially.

Explanation
  • After announcing the dividend policies it’s become mandate for the managers to generate the desired output to fulfill the obligation of dividend policies. Manager took them as a target that they have to achieve in financial year to justify the performance.
  • There is a clear picture of future policies and company’s performance in the eyes of shareh...

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