Apple’s CEO Tim Cook has given hints that the company with about a $100 billion in cash may at last give in to its investors’ wishes and pay a special dividend. Under the regime of its legendary ex-CEO Steve Jobs, the company maintained a policy of not paying dividends and conserving cash for the purpose of reinvestment. The last time the company paid dividend was in October 2005. However, this time around, though many are in favour of the company paying dividend, some investors are divided in their opinion about the type of dividend to be paid and even whether it should be given. Despite the uproar that Apple should spend its cash, the tech giant is not the only one sitting on a cash pile. Google and EMC, for example are among the handful of big names eschewing dividend payment. At the other end of the scale, companies like IBM and HP are regular dividend payers, while Microsoft made its first payment in 2003, and Cisco announced its first-ever cash dividend last year.
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