Apple to pay $2.5 billion dividend to shareholders today
Later today, Apple will pay a dividend to its shareholders for the second time in 17 years. You'll remember Apple announced its intention to pay a dividend "sometime in the fourth quarter of fiscal year 2012" last March.
The company stated it will pay its shareholders a US$2.65 per share dividend. Apple is expected to distribute just about $2.5 billion from its 935 million outstanding shares. That's enough to swim through a room full of gold coins.
Meanwhile, Apple continues to earn cash at an alarming rate. Congratulations to Apple and its shareholders.
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