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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL

APPLE INC.

(AAPL)
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Apple plans to increase dividend, approves executive compensation - CNBC

02/23/2021 | 06:55pm EST
FILE PHOTO: The Apple logo is seen at an Apple Store in Brooklyn

(Reuters) - Apple Inc is planning to increase dividend according to Chief Executive Tim Cook, CNBC reported on Tuesday, citing the shareholder meeting.

The company's shareholders also approved compensation for Apple executives for fiscal 2020, the report said. (https://cnb.cx/2ZIjRcj)

Shareholders will not vote until next year's annual meeting on Cook's September grant of 333,987 restricted stock units, his first major stock package since 2011, which took effect at the start of Apple's fiscal 2021.

It grants him stock units with a po
ssibility to earn as many as 667,974 more if he hits performance targets. (https://reut.rs/3spbsGT)

Apple, the biggest U.S. listed public company by market capitalization with a value of $2.1 trillion, has thrived during the pandemic even though it had to temporarily shut several stores.

The company's board had declared a cash dividend of $0.205 per share of the company's common stock in the holiday quarter.

(This story corrects headline, paragraph 2,3 to remove reference to CEO stock payout after CNBC corrects)

(Reporting by Chavi Mehta in Bengaluru; Editing by Arun Koyyur)


© Reuters 2021
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Financials (USD)
Sales 2021 333 B - -
Net income 2021 74 721 M - -
Net cash 2021 58 731 M - -
P/E ratio 2021 27,4x
Yield 2021 0,70%
Capitalization 2 038 B 2 038 B -
EV / Sales 2021 5,94x
EV / Sales 2022 5,68x
Nbr of Employees 147 000
Free-Float 99,9%
Chart APPLE INC.
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Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 46
Average target price 149,33 $
Last Close Price 121,42 $
Spread / Highest target 44,1%
Spread / Average Target 23,0%
Spread / Lowest Target -31,6%
EPS Revisions
Managers and Directors
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Luca Maestri Chief Financial Officer & Senior Vice President
Arthur D. Levinson Independent Chairman
Kevin M. Lynch Vice President-Technology
Jeffrey E. Williams Chief Operating Officer
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