Spending Apple's 'rainy day' money

Steve Jobs longstanding "no dividends" stock policy was put in place to save the company's cash for a "rainy day" but it looks like shareholders are set to finally get some value under the reign of new CEO Tim Cook.

Apple is set to pay its first shareholder dividends in almost 20 years, marking a distinct break from the late Steve Jobs’ “no dividends” policy.


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