Apple will today pay out a total of $2.5 Billion ($2.65 per share) to its shareholders, marking the company’s second dividend pay out in the space of 17-years.
In March, Apple announced plans to initiate a dividend and share re-purchase program. The company explained that this quarterly dividend of $2.65 per share would be distributed to all shareholders “sometime in the fourth quarter of fiscal 2012,” which began on July 1, 2012.
If you’re a shareholder, today is that day.
On October 25, Apple announced “record” fourth quarter results of $36.0 Billion in revenue and quarterly net profit of $8.2 Billion, (or $8.67 per diluted share).
As of writing, AAPL is sitting at 536.88 -6.02 (-1.11%) a share, with the company’s shares holding at a volume average of 5,619.00/21.23 Million, and the firm itself currently reflecting a market cap of 505,038.73 Million.