Apple becomes biggest dividend payer in the world
Technology major Apple on Tuesday hiked its dividend payout by 10.5% to $13.22 billion annually to regain its title as the world's biggest dividend payer. Apple surpassed oil and gas corporation Exxon Mobil, which recently hiked its payout to $12.77 billion. The company also boosted its share buyback program to $210 billion from $175 billion announced a year ago.