3 ms·

Does the board have a say in this? Or are dividends something the CEO decides on?

• sgt 14y ago
  As far as I know, only the board of a company has the power to issue dividends. However, it is often the case that a chief executive officer is also a member of the board, thus giving him power to issue dividends. Tim Cook serves on Apple's board of directors according to this page: http://www.apple.com/pr/bios/tim-cook.html http://www.apple.com/pr/bios/tim-cook.html