Apple is a cash rich company, it has bountiful of liquid fund to invest in acquisitions and pay to the investors. If the sources has to be believed, the company is thinking of another hike in its dividend this April. This is surely a great news for the investors in Apple shares who are expecting a good return on their capital invested. To be very precise, Apple CEO Tim Cook has made an announcement in the last week’s shareholder meeting that he would take a look further and might think about increasing cash return to the investors.
Apple is now working on its capital return plan, which is why it’s thinking of increasing the share repurchase. According to analysts, the further increase in its dividend is highly justifiable because the company is sitting on a pile of cash. Tim Cook said that Apple is always on the side of low paid workers who help the company build its high tech devices in its overseas factories.