Plenty of companies don’t have much if any growth, utilities for example. It’s just Apple is no where near the end of the line for growth and new opportunities.

Your company transitions to dividends. And Apple (AAPL) has already begun that.

what's the connection here between growth and dividends? Come to think about it it's something that's carved out in investment products huh: growth stocks, rising dividend stocks, etc. Are growth and dividend payouts semi mutually exclusive or something?

A growing company reinvests profits into further growth, developing new products, building new factories, whatever. When you can no longer grow, you return profits to shareholders.

Wow is that so, is this the case because of some fiduciary responsibility or some regulation or is it good will to those invested in the company?