The application Form-8K of Apple, directed to the Commission for the Securities andExchange Commission United States (The United States Securities and Exchange Commission, SEC), stated that the Board of Directors approved the payment of quarterlydividends on the so-called restricted shares. Shareholders will receive 2.65 dollars forone belonging to their security.
Holders of restricted shares are entitled to receive dividends, but do not have voting rights at shareholders' meetings, or have limited voting rights. Payments on such shares, usually occur after some long period of time and depend on the performance of the company and other factors.
The current Apple CEO Tim Cook (Tim Cook) after taking office, the general director has received 1,125,000 restricted shares under the conditions that only after five years, halfof this package can be transformed into ordinary shares (that is, get real dividends), and the other half - yet after 10 years.
In the next ten years, Cook could earn a dividend of about $ 75 million, but, according tonews agency Bloomberg, director refused the money. What made Tim Cook to the decision, not specified.
According to the authoritative magazine Forbes, Tim Cook salaries in 2011 amounted to900,000 dollars. Various bonuses and additional payments were $ 1.8 million.
Holders of restricted shares are entitled to receive dividends, but do not have voting rights at shareholders' meetings, or have limited voting rights. Payments on such shares, usually occur after some long period of time and depend on the performance of the company and other factors.
The current Apple CEO Tim Cook (Tim Cook) after taking office, the general director has received 1,125,000 restricted shares under the conditions that only after five years, halfof this package can be transformed into ordinary shares (that is, get real dividends), and the other half - yet after 10 years.
According to the authoritative magazine Forbes, Tim Cook salaries in 2011 amounted to900,000 dollars. Various bonuses and additional payments were $ 1.8 million.
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