Apple plans to increase dividend, approves executive compensation – CNBC
(Reuters) – Apple Inc is planning to increase dividend in accordance to Chief Executive Tim Cook, CNBC reported on Tuesday, citing the shareholder meeting.
The agency’s shareholders moreover accredited compensation for Apple executives for fiscal 2020, the report talked about. (https://cnb.cx/2ZIjRcj)
Shareholders will not vote until subsequent yr’s annual meeting on Cook’s September grant of 333,987 restricted stock gadgets, his first fundamental stock package deal deal since 2011, which took influence at first of Apple’s fiscal 2021.
It grants him stock gadgets with an opportunity to earn as many as 667,974 additional if he hits effectivity targets. (https://reut.rs/3spbsGT)
Apple, a very powerful U.S. listed public agency by market capitalization with a price of $2.1 trillion, has thrived by way of the pandemic although it had to briefly shut quite a few retailers.
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