Tim Cook declines US$75 million dividend
TweetFollow Us on Twitter

Tim Cook declines US$75 million dividend


In a Thursday SEC filing -- as reported by "AllThingsD" (http://macte.ch/66OjA), Apple announced plans to award an US $2.65-a-share quarterly dividend on restricted stock units held by its employees. However, CEO Tim Cook is declining it.

From Apple’s 8K:“At Mr. Cook’s request, none of his restricted stock units will participate in dividend equivalents. Assuming a quarterly dividend of $2.65 per share over the vesting periods of his 1.125 million outstanding restricted stock units, Mr. Cook will forego approximately $75 million in dividend equivalent value.”

 
AAPL
$445.15
Apple Inc.
+3.01
GOOG
$873.32
Google Inc.
-9.47
MSFT
$34.27
Microsoft Corpora
+0.12
MacNews Search:
Community Search:
See All
view counter

view counter
view counter
view counter
view counter
view counter
dockXtender
view counter
view counter
view counter

Rhapsody Plays A New Visual Tune In The...
Rhapsody Plays A New Visual Tune In The Latest Update Posted by Andrew Stevens on May 24th, 2013 [ permalink ] iPad Only App - Designed for the iPad | Read more »
Bondsy Lets Friends Trade Their Stuff Pr...
Bondsy Lets Friends Trade Their Stuff Privately Posted by Andrew Stevens on May 24th, 2013 [ permalink ] iPhone App - Designed for the iPhone, compatible with the iPad | Read more »
Wander Wheel Hands You An Itinerary, Tel...
Wander Wheel Hands You An Itinerary, Tells You To Be Spontaneous Posted by Andrew Stevens on May 24th, 2013 [ permalink ] | Read more »
Flick Transfers Files To Other Devices W...
Flick Transfers Files To Other Devices With A Simple Flick Of Your Finger Posted by Andrew Stevens on May 24th, 2013 [ permalink ] | Read more »
Guitar! by Smule Strums Onto The App Sto...
Guitar! by Smule Strums Onto The App Store Posted by Andrew Stevens on May 24th, 2013 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Redline Rush – Avoid The Toll Booth On T...
Redline Rush – Avoid The Toll Booth On This Now Free Endless Racer Posted by Andrew Stevens on May 24th, 2013 [ permalink ] | Read more »
Kite Surfer Review
Kite Surfer Review By Rob Rich on May 24th, 2013 Our Rating: :: MAKE SOME WAVESUniversal App - Designed for iPhone and iPad Kite Surfer looks good and controls great, although it’s also a little light on content.   | Read more »
Spottlife Review
Spottlife Review By Lee Hamlet on May 24th, 2013 Our Rating: :: CATEGORIZE YOUR SOCIAL LIFEiPhone App - Designed for the iPhone, compatible with the iPad Spottlife is a new way to view and interact with the world’s most popular social networks.   | Read more »
Plasma Pig Review
Plasma Pig Review By Jordan Minor on May 24th, 2013 Our Rating: :: THAT'LL DO, PIGUniversal App - Designed for iPhone and iPad This porky pig needs a light touch.   | Read more »
Hipstamatic Oggl Review
Hipstamatic Oggl Review By Chris Kirby on May 24th, 2013 Our Rating: :: HIP YET AGAIN Remember Hipstamatic? It’s back with a host of features to challenge the likes of Instagram.   Developer: Hipstamatic Price: Free Version Reviewed: 1.0 Device Reviewed On: iPhone 5 | Read more »
See All
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.