Apple shareholders approve Tim Cook’s equity grant; dividend rising

Apple CEO Tim Cook greets as he opens the door of the newly renovated Apple Store on Fifth Avenue on September 20, 2019 in New York City. (Photo by Kena Betancur / AFP) (Photo credit should read KENA BETANCUR / AFP via Getty Images)

KENA BETANCUR | AFP | Getty Images

Apple Shareholders voted on Tuesday to approve the compensation for Apple executives, including a stock package announced last year that could net CEO Tim Cook 1 million new shares if the company achieves certain goals.

The vote was non-binding and consultative. Apple shareholders also voted against a shareholder proposal opposed by Apple this would force the company to reduce executive pay relative to the median Apple pay of employees.

The votes, …

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