Apple Inc. said it will announce the outcome of its internal discussion concerning its enormous cash balance on Monday morning.
Analysts expect Apple to institute a dividend. It can easily afford one, since it had $97.6 billion in cash and securities at the end of last year. That would be enough for a $100 one-time dividend for every shareholder, but analysts expect the company to institute a modest recurring dividend.
Sunday, March 18, 2012
Apple to reveal decision on use of cash hoard
The AP reports: