How is a dividend more tax friendly than a stock repurchase?
Some of AAPL's cash may have to be repatriated, at which point they'd have to pay corporate tax on it. Then the dividend would be taxed at a rate equal to income for US taxpayers. Whereas a repurchase ultimately results in capital gains, and the money may not have to be repatriated either.
Some of AAPL's cash may have to be repatriated, at which point they'd have to pay corporate tax on it. Then the dividend would be taxed at a rate equal to income for US taxpayers. Whereas a repurchase ultimately results in capital gains, and the money may not have to be repatriated either.