In conjunction with its earnings report for Q2 2013, Apple issued a press release announcing some major plans for its ever-growing stockpile of cash.
In March 2012, Apple announced that the company would be instituting a $2.65/share dividend on a quarterly basis with Apple's first dividend payment to investors going out in August of last year.
Now, about one year later, Apple announced its plan to increase its quarterly dividend to $3.05 per share. The next dividend payout to investors is scheduled for May 16, 2013.
What's more, Apple also announced a massive increase to its stock-repurchasing
