Apple’s board approved an increase to the dividend, declaring a dividend of $3.29 per common share. Most importantly they said they also plan to increase Apple’s dividend on an annual basis. Additionally, the board also increased the share repurchase authorization to $90 billion from the $60 billion level announced last year.
Out of that news on 23-April, the stock has been propelled to a 52-week high today (28-April, trading in the $585-$590 range). The all-time high was $705.07 in September 2012.
