In May of 2017, Apple (AAPL) announced that it would increase its dividend to $13.22 billion annually
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In May of 2017, Apple (AAPL) announced that it would increase its dividend to $13.22 billion annually which surpassed Exxon Mobil’s (XOM) $12.77 billion payout. Apple’s 2017 net income was $48.35 billion and Exxon Mobil’s was $19.7 billion. How do the dividend payout ratios compare for the two companies?
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Related Book For 
Foundations Of Finance
ISBN: 9780135160619
10th Edition
Authors: Arthur J. Keown, John H. Martin, J. William Petty
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