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Apple Paying Dividends to Employees with Restricted Stock Units, CEO Tim Cook Declines to Participate

Apple's board has decided to award dividend equivalent payments to employees holding restricted stock units or RSUs. Apple announced a quarterly dividend of $2.65 share in March, to commence in July. RSUs are typically issued to employees to encourage them to stay with the company. They are awarded in a similar way to stock options, but...

Apple Paying Dividends to Employees with Restricted Stock Units, CEO Tim Cook Declines to Participate
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