SmarterDividends

AAPL vs CMSD: Which Is the Better Dividend Stock?

As of Oct 18, 2026, AAPL (Apple Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. CMSD offers the higher yield at 7.39%, AAPL has the higher dividend-safety score, and CMSD looks like the better value (its fair-value estimate is 49% above its share price).

Key facts: AAPL vs CMSD

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, CMS Energy Corporation 5.875% J (CMSD) has the higher forward dividend yield at 7.39%, versus 0.31% for Apple Inc. (AAPL).
  • As of Oct 18, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and CMSD's B (72/100).
  • By SmarterDividends' count as of Oct 18, 2026, AAPL has raised its dividend for 14 consecutive years and CMSD for 0.
  • As of Oct 18, 2026, AAPL's fair-value estimate is 46% below its share price and CMSD's fair-value estimate is 49% above its share price, so CMSD looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AAPL vs CMSD: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/aapl-vs-cmsd

MetricAAPLCMSD
Forward yield0.31%7.39%
Annual dividend$1.08$1.47
Payout ratio12%—
Years of growth14 yr0 yr
5-yr dividend growth5.0%-0.1%
5-yr total return108%-25%
Dividend safety score95 (A)72 (B)
Fair value estimate$184.66$29.68
Upside to fair value-46%+49%
Frequencyquarterlyquarterly
Market cap$5.0T—
P/E ratio39.4—

Higher yield

CMSD

7.39%

Safer dividend

AAPL

Grade A

Faster growth

AAPL

5.0%

Better value

CMSD

+49% upside

AAPL vs CMSD — FAQ

Is AAPL or CMSD a better dividend stock?

On the data, AAPL wins more head-to-head categories (4 vs 3). CMSD offers the higher yield (7.39%), 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 CMSD?

CMSD has the higher forward dividend yield at 7.39%, versus 0.31% for AAPL.

Is AAPL or CMSD safer?

AAPL has the higher dividend-safety score (95/100 vs 72/100), reflecting stronger payout coverage and dividend-growth history.

Is AAPL or CMSD better value right now?

As of Oct 18, 2026, CMSD looks like the better value: its fair-value estimate is 49% above its share price (undervalued). For AAPL, its fair-value estimate is 46% below its share price.

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