Apple had their annual shareholder meeting yesterday.
There’s been a lot of discussion about all of Apple’s (and others’) overseas cash due to the recent tax law changes here in the US.
In response to a question about whether or not they would do a special (one-time) dividend to return cash to investors (something I’m not a fan of), he responded:
— Shara Tibken (@sharatibken) February 13, 2018
Let’s be clear.
Here’s the CEO of a company with great cash flow talking about an intent to raise their dividend every year.
What’s better than that if you’re investing for dividend income? (Not much)