Using APPLE, research their dividend policy, and answer the following questions:

Does your company pay a cash dividend? Discuss their dividend policy explaining why or why they do not pay a dividend: $($include the pros and cons$)$

Does your company repurchase their own stock? Discuss this policy. $($include the pros and cons$)$

Discuss the effects on the $1)$ financial statements and the $2)$ intrinsic value of a firm if either stock dividends are paid, or stock repurchases are made:

Has your company completed a stock split in the past five years? Discuss this policy $($include the pros and cons$)$