SmarterDividends

AAPL vs LYTS: Which Is the Better Dividend Stock?

As of Oct 18, 2026, AAPL (Apple Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. LYTS offers the higher yield at 1.01%, AAPL has the higher dividend-safety score, and LYTS looks like the better value (its fair-value estimate is 11% above its share price).

Key facts: AAPL vs LYTS

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, LSI Industries Inc. (LYTS) has the higher forward dividend yield at 1.01%, versus 0.31% for Apple Inc. (AAPL).
  • As of Oct 18, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and LYTS's A (82/100).
  • By SmarterDividends' count as of Oct 18, 2026, AAPL has raised its dividend for 14 consecutive years and LYTS for 0.
  • As of Oct 18, 2026, AAPL pays out 12% of its earnings as dividends and LYTS pays out 30%.
  • As of Oct 18, 2026, AAPL's fair-value estimate is 46% below its share price and LYTS's fair-value estimate is 11% above its share price, so LYTS looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricAAPLLYTS
Forward yield0.31%1.01%
Annual dividend$1.08$0.20
Payout ratio12%30%
Years of growth14 yr0 yr
5-yr dividend growth5.0%0.0%
5-yr total return108%178%
Dividend safety score95 (A)82 (A)
Fair value estimate$184.66$21.82
Upside to fair value-46%+11%
Frequencyquarterlyquarterly
Market cap$5.0T$735.6M
P/E ratio39.429.4

Higher yield

LYTS

1.01%

Safer dividend

AAPL

Grade A

Faster growth

AAPL

5.0%

Better value

LYTS

+11% upside

AAPL vs LYTS — FAQ

Is AAPL or LYTS a better dividend stock?

On the data, AAPL wins more head-to-head categories (5 vs 3). LYTS offers the higher yield (1.01%), 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 LYTS?

LYTS has the higher forward dividend yield at 1.01%, versus 0.31% for AAPL.

Is AAPL or LYTS safer?

AAPL has the higher dividend-safety score (95/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.

Is AAPL or LYTS better value right now?

As of Oct 18, 2026, LYTS looks like the better value: its fair-value estimate is 11% above its share price (fairly valued). 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.