Apple boosts buybacks by $100B and raises dividends 4%, while Cardinal Health plans modest dividend growth.

Apple announced a $100 billion increase in its share repurchase authorization alongside a 4% dividend raise, emphasizing its focus on returning value to shareholders through buybacks and dividends. Cardinal Health is expected to announce a modest 1–3% dividend increase in early May, continuing its trend of minimal dividend growth despite strong earnings per share (EPS) expansion, as management favors share repurchases. Other companies like Chesapeake Utilities, Northrop Grumman, and Tetra Tech are predicted to raise dividends by high single to double digits, reflecting strong earnings momentum. These dividend moves highlight differing strategies among companies balancing earnings growth and shareholder returns.