AAPL vs MCHP: Which Is the Better Dividend Stock?
As of Oct 27, 2026, AAPL and MCHP are closely matched. MCHP offers the higher yield at 2.40%, AAPL has the higher dividend-safety score, and AAPL looks like the better value (its fair-value estimate is 47% below its share price).
Key facts: AAPL vs MCHP
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Microchip Technology Incorporated (MCHP) has the higher forward dividend yield at 2.40%, versus 0.31% for Apple Inc. (AAPL).
- As of Oct 27, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and MCHP's A (85/100).
- By SmarterDividends' count as of Oct 27, 2026, AAPL has raised its dividend for 14 consecutive years and MCHP for 23.
- As of Oct 27, 2026, AAPL pays out 12% of its earnings as dividends and MCHP pays out 268%.
- As of Oct 27, 2026, AAPL's fair-value estimate is 47% below its share price and MCHP's fair-value estimate is 56% below its share price, so AAPL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AAPL vs MCHP: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/aapl-vs-mchp
| Metric | AAPL | MCHP |
|---|---|---|
| Forward yield | 0.31% | 2.40% |
| Annual dividend | $1.08 | $1.82 |
| Payout ratio | 12% | 268% |
| Years of growth | 14 yr | 23 yr |
| 5-yr dividend growth | 5.0% | 19.9% |
| 5-yr total return | 110% | -11% |
| Dividend safety score | 95 (A) | 85 (A) |
| Fair value estimate | $183.46 | $33.75 |
| Upside to fair value | -47% | -56% |
| Frequency | quarterly | quarterly |
| Market cap | $5.0T | $41.2B |
| P/E ratio | 39.4 | 108.4 |
Higher yield
MCHP
2.40%
Safer dividend
AAPL
Grade A
Faster growth
MCHP
19.9%
Better value
AAPL
-47% upside
AAPL vs MCHP — FAQ
Is AAPL or MCHP a better dividend stock?
AAPL and MCHP are closely matched. MCHP has the higher yield; AAPL scores better on safety.
Which has a higher dividend yield, AAPL or MCHP?
MCHP has the higher forward dividend yield at 2.40%, versus 0.31% for AAPL.
Is AAPL or MCHP safer?
AAPL has the higher dividend-safety score (95/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.
Is AAPL or MCHP better value right now?
As of Oct 27, 2026, AAPL looks like the better value: its fair-value estimate is 47% below its share price (overvalued). For MCHP, its fair-value estimate is 56% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.