4. Calculate Apple's dividend payout, stock repurchase payout, and total payout for 2018 and 2019. Round your answers to two decimal places. Dividend Payout Repurchase Payout 2019 % Apple is attempting to return capital of $ % % 2018 Total Payout What are Apple's objectives with their dividend policy and stock repurchase plan (see the "Capital Return Program" portion of Item 7: Management Discussion and Analysis)? % per share per quarter. Further, it intends to % % billion to shareholders through a share repurchase plan. As for dividends, Apple is paying out approximately its dividends on an annual basis.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Total shareholders' equity, beginning balances
Common stock and additional paid-in capital:
Beginning balances
Apple Inc.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
(In millions, except per share amounts)
Common stock issued
Common stock withheld related to net share settlement of equity
awards
Share-based compensation
Tax benefit from equity awards, including transfer pricing
adjustments
Ending balances
Retained earnings:
Beginning balances
Net income
Dividends and dividend equivalents declared
Common stock withheld related to net share settlement of equity
awards
Common stock repurchased
Cumulative effects of changes in accounting principles
Ending balances
Accumulated other comprehensive income/(loss):
Beginning balances
Other comprehensive income/(loss)
Cumulative effects of changes in accounting principles
Ending balances
Total shareholders' equity, ending balances
Dividends and dividend equivalents declared per share or RSU
September 28,
2019
$
$
$
107,147 $
40,201
781
(2,002)
6,194
-
45,174
70,400
55,256
(14,129)
(1,029)
(67,101)
2,501
45,898
(3,454)
2,781
Years ended
September 29,
2018
134,047
89
(584)
90,488 $
3.00 $
35,867
669
(1,778)
5,443
40,201
98,330
59,531
(13,735)
(948)
(73,056)
278
70,400
(150)
(3,026)
(278)
(3,454)
107,147
2.72
Transcribed Image Text:Total shareholders' equity, beginning balances Common stock and additional paid-in capital: Beginning balances Apple Inc. CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (In millions, except per share amounts) Common stock issued Common stock withheld related to net share settlement of equity awards Share-based compensation Tax benefit from equity awards, including transfer pricing adjustments Ending balances Retained earnings: Beginning balances Net income Dividends and dividend equivalents declared Common stock withheld related to net share settlement of equity awards Common stock repurchased Cumulative effects of changes in accounting principles Ending balances Accumulated other comprehensive income/(loss): Beginning balances Other comprehensive income/(loss) Cumulative effects of changes in accounting principles Ending balances Total shareholders' equity, ending balances Dividends and dividend equivalents declared per share or RSU September 28, 2019 $ $ $ 107,147 $ 40,201 781 (2,002) 6,194 - 45,174 70,400 55,256 (14,129) (1,029) (67,101) 2,501 45,898 (3,454) 2,781 Years ended September 29, 2018 134,047 89 (584) 90,488 $ 3.00 $ 35,867 669 (1,778) 5,443 40,201 98,330 59,531 (13,735) (948) (73,056) 278 70,400 (150) (3,026) (278) (3,454) 107,147 2.72
4. Calculate Apple's dividend payout, stock repurchase payout, and total payout for 2018 and 2019.
Round your answers to two decimal places.
Dividend Payout
Repurchase Payout
2019
%
Apple is attempting to return capital of $
%
%
2018
Total Payout
What are Apple's objectives with their dividend policy and stock repurchase plan (see the "Capital Return Program" portion of Item 7: Management Discussion and
Analysis)?
%
per share per quarter. Further, it intends to
%
%
billion to shareholders through a share repurchase plan. As for dividends, Apple is paying out approximately $
its dividends on an annual basis.
Transcribed Image Text:4. Calculate Apple's dividend payout, stock repurchase payout, and total payout for 2018 and 2019. Round your answers to two decimal places. Dividend Payout Repurchase Payout 2019 % Apple is attempting to return capital of $ % % 2018 Total Payout What are Apple's objectives with their dividend policy and stock repurchase plan (see the "Capital Return Program" portion of Item 7: Management Discussion and Analysis)? % per share per quarter. Further, it intends to % % billion to shareholders through a share repurchase plan. As for dividends, Apple is paying out approximately $ its dividends on an annual basis.
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