SmarterDividends

AAPL vs ADP: Which Is the Better Dividend Stock?

As of Oct 27, 2026, ADP (Automatic Data Processing, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ADP offers the higher yield at 2.26%, AAPL has the higher dividend-safety score, and ADP looks like the better value (its fair-value estimate is 12% below its share price).

Key facts: AAPL vs ADP

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Automatic Data Processing, Inc. (ADP) has the higher forward dividend yield at 2.26%, versus 0.31% for Apple Inc. (AAPL).
  • As of Oct 27, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and ADP's A (94/100).
  • By SmarterDividends' count as of Oct 27, 2026, AAPL has raised its dividend for 14 consecutive years and ADP for 42.
  • As of Oct 27, 2026, AAPL pays out 12% of its earnings as dividends and ADP pays out 61%.
  • As of Oct 27, 2026, AAPL's fair-value estimate is 47% below its share price and ADP's fair-value estimate is 12% below its share price, so ADP looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AAPL vs ADP: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/aapl-vs-adp

MetricAAPLADP
Forward yield0.31%2.26%
Annual dividend$1.08$6.80
Payout ratio12%61%
Years of growth14 yr42 yr
5-yr dividend growth5.0%11.5%
5-yr total return110%32%
Dividend safety score95 (A)94 (A)
Fair value estimate$183.46$263.79
Upside to fair value-47%-12%
Frequencyquarterlyquarterly
Market cap$5.0T$119.3B
P/E ratio39.427.5

Higher yield

ADP

2.26%

Safer dividend

AAPL

Grade A

Faster growth

ADP

11.5%

Better value

ADP

-12% upside

AAPL vs ADP — FAQ

Is AAPL or ADP a better dividend stock?

On the data, ADP wins more head-to-head categories (5 vs 3). ADP offers the higher yield (2.26%), while AAPL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, AAPL or ADP?

ADP has the higher forward dividend yield at 2.26%, versus 0.31% for AAPL.

Is AAPL or ADP safer?

AAPL has the higher dividend-safety score (95/100 vs 94/100), reflecting stronger payout coverage and dividend-growth history.

Is AAPL or ADP better value right now?

As of Oct 27, 2026, ADP looks like the better value: its fair-value estimate is 12% below its share price (fairly valued). For AAPL, its fair-value estimate is 47% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.