AAPL vs MLPR: Which Is the Better Dividend Stock?
As of Oct 30, 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 9.51%, AAPL has the higher dividend-safety score, and MLPR looks like the better value (its fair-value estimate is 56% above its share price).
Key facts: AAPL vs MLPR
Data as of · Source: SmarterDividends data
- As of Oct 30, 2026, ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR) has the higher forward dividend yield at 9.51%, versus 0.31% for Apple Inc. (AAPL).
- As of Oct 30, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and MLPR's A (81/100).
- By SmarterDividends' count as of Oct 30, 2026, AAPL has raised its dividend for 14 consecutive years and MLPR for 5.
- As of Oct 30, 2026, AAPL's fair-value estimate is 47% below its share price and MLPR's fair-value estimate is 56% above its share price, so MLPR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AAPL vs MLPR: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/aapl-vs-mlpr
| Metric | AAPL | MLPR |
|---|---|---|
| Forward yield | 0.31% | 9.51% |
| Annual dividend | $1.08 | $6.81 |
| Payout ratio | 12% | — |
| Years of growth | 14 yr | 5 yr |
| 5-yr dividend growth | 5.0% | 27.2% |
| 5-yr total return | 108% | 139% |
| Dividend safety score | 95 (A) | 81 (A) |
| Fair value estimate | $183.46 | $111.71 |
| Upside to fair value | -47% | +56% |
| Frequency | quarterly | quarterly |
| Market cap | $5.1T | — |
| P/E ratio | 40.0 | — |
Higher yield
MLPR
9.51%
Safer dividend
AAPL
Grade A
Faster growth
MLPR
27.2%
Better value
MLPR
+56% upside
AAPL vs MLPR — FAQ
Is AAPL or MLPR a better dividend stock?
On the data, MLPR wins more head-to-head categories (5 vs 2). MLPR offers the higher yield (9.51%), 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 MLPR?
MLPR has the higher forward dividend yield at 9.51%, versus 0.31% for AAPL.
Is AAPL or MLPR safer?
AAPL has the higher dividend-safety score (95/100 vs 81/100), reflecting stronger payout coverage and dividend-growth history.
Is AAPL or MLPR better value right now?
As of Oct 30, 2026, MLPR looks like the better value: its fair-value estimate is 56% above its share price (undervalued). For AAPL, its fair-value estimate is 47% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.