Back to Mobile View

Skip to Content

TUAW Deals

Apple pays dividend to shareholders this Valentine's Day

Apple shareholders get an extra special Valentine's Day gift from Apple this week in the form of a dividend from the company, says a report in AppleInsider. This will be the third dividend paid to shareholders and will amount to US$2.65 per share. Shareholders will receive the payment on February 15.

Apple announced its dividend program last year and said it would distribute $45 billion to its shareholders over the next three years. This breaks down to $2.5 billion per quarter. Though Apple is paying out cash, the company is raking in cash at a faster rate. In its last quarter, Apple added $16 billion to its cash reserve, which now sits at a healthy $137.1 billion.

© 2014 AOL Inc. All Rights Reserved.