When Apple (AAPL) CEO Tim Cook appeared at the Goldman Sachs (GS) 2013 Technology Conference last week, the conversation covered was illuminating rather than revealing. Many on Wall Street expected Mr. Cook to announce that Apple would either increase its dividend, upsize its share repurchase program, or both. While Apple already pays a hefty annual dividend -- $10.60 per share -- and has repurchased $1.95 billion in shares, many are expecting more to come. I’d expect something to be announced at the company’s annual shareholder meeting slated for February 27.
When Apple (AAPL) CEO Tim Cook appeared at the Goldman Sachs (GS) 2013 Technology Conference last week, the conversation covered was illuminating rather than revealing. Many on Wall Street expected Mr. Cook to announce that Apple would either increase its dividend, upsize its share repurchase program, or both. While Apple already pays a hefty annual dividend -- $10.60 per share -- and has repurchased $1.95 billion in shares, many are expecting more to come. I’d expect something to be announced at the company’s annual shareholder meeting slated for February 27.
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