Cook said the company would provide an update on its capital return program during its April earnings 0SHARES Share Tweet Email The Apple logo is seen on a computer screen in an illustration photo taken in Bordeaux, France, February 1, 2017. PHOTO: REUTERS Apple Chief Executive Tim Cook downplayed a suggestion that the company might issue a special dividend to shareholders with some of the $285 billion in cash that the company is now able to bring back from overseas. At an annual shareholder meeting at Apple Park in Cupertino on Tuesday, Cook responded to a question on whether the company might double its dividend in the wake of changes to United States tax laws that allowed corporations to bring back overseas cash at lower tax rates than before. Apple to release software update to resolve iPhone slowdown “Special dividends, I‘m not really a fan of,” Cook responded. “But in terms of annual increases in the dividend, it is something that this board and management are committed to doing.” Cook said the company would provide an update on its capital return program during its April earnings call with investors, as it has done for the past several years. At the… Read full this story
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