SmarterDividends

AAPL vs MLPR: Which Is the Better Dividend Stock?

As of August 2026, MLPR (ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. MLPR offers the higher yield at 8.67%, AAPL has the higher dividend-safety score, and MLPR trades at the larger discount to fair value (+40%).

MetricAAPLMLPR
Forward yield0.35%8.67%
Annual dividend$1.08$6.67
Payout ratio12%
Years of growth14 yr5 yr
5-yr dividend growth5.0%27.2%
5-yr total return119%136%
Dividend safety score94 (A)81 (A)
Fair value estimate$251.47$107.27
Upside to fair value-19%+40%
Frequencyquarterlyquarterly
Market cap$4.5T
P/E ratio35.5

Higher yield

MLPR

8.67%

Safer dividend

AAPL

Grade A

Faster growth

MLPR

27.2%

Better value

MLPR

+40% upside

AAPL vs MLPR — FAQ

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