Apple CEO Tim Cook declines RSU dividends worth over $75M

124»

Comments

  • Reply 61 of 63
    jragostajragosta Posts: 10,473member
    gatorguy wrote: »
    Forum members are perfectly capable of reading and deciding for themselves.

    Yep. And that's why quite a few posters have said that you sound like a Google shill.
  • Reply 62 of 63
    anantksundaramanantksundaram Posts: 20,304member
    gatorguy wrote: »
    Forum members are perfectly capable of reading and deciding for themselves..

    Yes, they are. They have. Move along.
  • Reply 63 of 63
    vvswarupvvswarup Posts: 334member


    Steve would have paid a dividend. He wouldn't have had a choice. In terms of shareholder value, Apple's cash hoard was being a drag. Apple was probably earning less than 1% on their cash hoard. If Apple paid a dividend, a shareholder could buy stock in another company and generate a much greater return on it. 


     


    There's also the issue of share creep. A lot of people at Apple have received options grants. When they exercise these options, those are new shares on the market. That will reduce the share price due to share creep. By doing a stock buyback, Apple can combat share creep. 

Sign In or Register to comment.