SmarterDividends

AAPL vs LRCX: Which Is the Better Dividend Stock?

As of Nov 5, 2026, LRCX (Lam Research Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. LRCX offers the higher yield at 0.60%, AAPL has the higher dividend-safety score, and LRCX looks like the better value (its fair-value estimate is 45% below its share price).

Key facts: AAPL vs LRCX

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Lam Research Corporation (LRCX) has the higher forward dividend yield at 0.60%, versus 0.31% for Apple Inc. (AAPL).
  • As of Nov 5, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and LRCX's A (91/100).
  • By SmarterDividends' count as of Nov 5, 2026, AAPL has raised its dividend for 14 consecutive years and LRCX for 11.
  • As of Nov 5, 2026, AAPL pays out 12% of its earnings as dividends and LRCX pays out 17%.
  • As of Nov 5, 2026, AAPL's fair-value estimate is 47% below its share price and LRCX's fair-value estimate is 45% below its share price, so LRCX looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AAPL vs LRCX: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/aapl-vs-lrcx

MetricAAPLLRCX
Forward yield0.31%0.60%
Annual dividend$1.08$1.32
Payout ratio12%17%
Years of growth14 yr11 yr
5-yr dividend growth5.0%14.9%
5-yr total return108%252%
Dividend safety score95 (A)91 (A)
Fair value estimate$183.61$108.74
Upside to fair value-47%-45%
Frequencyquarterlyquarterly
Market cap$5.0T$246.5B
P/E ratio38.729.4

Higher yield

LRCX

0.60%

Safer dividend

AAPL

Grade A

Faster growth

LRCX

14.9%

Better value

LRCX

-45% upside

AAPL vs LRCX — FAQ

Is AAPL or LRCX a better dividend stock?

On the data, LRCX wins more head-to-head categories (5 vs 3). LRCX offers the higher yield (0.60%), 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 LRCX?

LRCX has the higher forward dividend yield at 0.60%, versus 0.31% for AAPL.

Is AAPL or LRCX safer?

AAPL has the higher dividend-safety score (95/100 vs 91/100), reflecting stronger payout coverage and dividend-growth history.

Is AAPL or LRCX better value right now?

As of Nov 5, 2026, LRCX looks like the better value: its fair-value estimate is 45% below its share price (overvalued). 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.