Apple Inc. (NASDAQ: AAPL) has held its shareholder meeting. All Apple directors were reelected to the board of directors. Executive compensation passed and two proposals on conflicts of interest and on political action were not approved. All of this is the who cares part…. What about THE DIVIDEND and APPLE TV????
If you have watched the media, or read our site for long, you know that Apple is one of the dividend sinner stocks. The company has risen and risen and is now the most valuable company in the world. It has not paid out a dividend at any point in recent history and it probably has $100 billion in cash now.
What about Apple TV? This is supposed to the next wave of a transformation of the company and the next major growth opportunity.
Today we heard nothing. The company is still loved by investors and it has gained and gained in value. If that ever changes, then the company may have to start listening to calls for more shareholder friendly actions.
Tim Cook is sending the signal that he will run the company the same way Steve Jobs did… his way!
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Orare you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
