Calculate Apple’s payout ratio and dividend yield based upon the historical numbers given, and the stock price of $110/share. Calculate any other ratios you believe would be relevant to the question.
Information to be used to complete assignment: Apple, Inc. is currently paying a regular quarterly dividend and re-purchasing its stock. It has actually accessed the debt markets (borrowed money) in order to provide the funding to return cash to shareholders. At the time, Apple’s stock at over $110 per share was trading a little below […]