Tea leaves:
- Tim Cook will grudgingly increase the dividend by a penny, to twenty-four cents;
- in the meantime, he will continue with stock buybacks to offset the penny increase
Twenty-three cents / share x 16.3 billion shares = $3.7 billion.
Twenty-four cents / share x 15.7 billion shares = $3.8 billion.
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PXD Dividend History
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AAPL
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And No Dividend
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