asked 108k views
5 votes
Apple's CEO, Tim Cook, works with the board of directors to predict the amount of dividends the company will pay in the future.

asked
User Stepheaw
by
7.5k points

1 Answer

4 votes

Final answer:

Apple's CEO, Tim Cook, works with the board of directors to predict the amount of dividends the company will pay in the future based on factors such as financial performance and shareholder expectations.

Step-by-step explanation:

Apple's CEO, Tim Cook, works with the board of directors to predict the amount of dividends the company will pay in the future. Dividends are payments made by a company to its shareholders as a distribution of the company's profits. The board of directors, which Cook is a part of, determines the amount of dividends based on factors such as the company's financial performance, future earnings projections, and shareholder expectations.

answered
User Shambolic
by
7.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.