Apple borrows on the cheap to fund buybacks, dividends
Apple`s offering illustrates how companies with the best credit ratings are boosting shareholder returns by tapping cheap debt made available through the Fed`s backstopping of the credit markets. Apple shares are virtually flat year-to-date, compared with a 12% drop in the S&P 500 Index.
source https://zeenews.india.com/international-business/apple-borrows-on-the-cheap-to-fund-buybacks-dividends-2281241.html
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