AAPL vs BMI: Which Is the Better Dividend Stock?
As of Oct 18, 2026, BMI (Badger Meter, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BMI offers the higher yield at 1.39%, AAPL has the higher dividend-safety score, and BMI looks like the better value (its fair-value estimate is 16% below its share price).
Key facts: AAPL vs BMI
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Badger Meter, Inc. (BMI) has the higher forward dividend yield at 1.39%, versus 0.31% for Apple Inc. (AAPL).
- As of Oct 18, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and BMI's A (88/100).
- By SmarterDividends' count as of Oct 18, 2026, AAPL has raised its dividend for 14 consecutive years and BMI for 21.
- As of Oct 18, 2026, AAPL pays out 12% of its earnings as dividends and BMI pays out 37%.
- As of Oct 18, 2026, AAPL's fair-value estimate is 46% below its share price and BMI's fair-value estimate is 16% below its share price, so BMI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AAPL vs BMI: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/aapl-vs-bmi
| Metric | AAPL | BMI |
|---|---|---|
| Forward yield | 0.31% | 1.39% |
| Annual dividend | $1.08 | $1.76 |
| Payout ratio | 12% | 37% |
| Years of growth | 14 yr | 21 yr |
| 5-yr dividend growth | 5.0% | 16.2% |
| 5-yr total return | 108% | 24% |
| Dividend safety score | 95 (A) | 88 (A) |
| Fair value estimate | $184.66 | $106.83 |
| Upside to fair value | -46% | -16% |
| Frequency | quarterly | quarterly |
| Market cap | $5.0T | $3.7B |
| P/E ratio | 39.4 | 29.6 |
Higher yield
BMI
1.39%
Safer dividend
AAPL
Grade A
Faster growth
BMI
16.2%
Better value
BMI
-16% upside
AAPL vs BMI — FAQ
Is AAPL or BMI a better dividend stock?
On the data, BMI wins more head-to-head categories (5 vs 3). BMI offers the higher yield (1.39%), 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 BMI?
BMI has the higher forward dividend yield at 1.39%, versus 0.31% for AAPL.
Is AAPL or BMI safer?
AAPL has the higher dividend-safety score (95/100 vs 88/100), reflecting stronger payout coverage and dividend-growth history.
Is AAPL or BMI better value right now?
As of Oct 18, 2026, BMI looks like the better value: its fair-value estimate is 16% below its share price (overvalued). For AAPL, its fair-value estimate is 46% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.