Go to the Apple website or to a financial source such as Yahoo! Financeand answer the following questions:

Relative to today's date (2/15/2017)

a. Has Apple's dividend increased from the initial quarterly rate of $2.65?

b. What was the announcement date of the most recent dividend?

c. When did Apple stock last go ex dividend?

d. What happened to to the closing stock price on the close of trading on the ex dividend date and the previous day close?

e. Look up Apples EPS for the next year and calculate the current dividend payout ratio.

f. How much does Apple plan to spend on repurchasing common shares over the next year?

g. What is the overall annual payout ratio (DPS + Repurchase per share)?