The Madeleine Brand Show

The Madeleine Brand Show is a daily, two-hour program that looks at news and culture through the lens of Southern California. Hosted by Madeleine Brand

Apple announces plans to share dividends with shareholders

by The Madeleine Brand Show

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A young girl holds an Apple iPad. Dan Kitwood/Getty Images

This morning, Apple announced its plans to share some of the $97 billion in its coffers by offering dividends with shareholders. Starting in July, the company will pay a quarterly dividend of $2.65 per share.

The company will also buy back $10 billion of its own shares over the next several years.

Adam Lashinsky, senior editor at Fortune Magazine, joins the show to discuss Apple's most recent decision.

Guest:

Adam Lashinsky is a senior editor at Fortune Magazine and the author of the new book, "Inside Apple: How America's Most Admired – And Secretive – Company Really Works."

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