SmarterDividends

AAPL vs NMKCP: Which Is the Better Dividend Stock?

As of Oct 18, 2026, AAPL (Apple Inc.) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. NMKCP offers the higher yield at 6.53%, AAPL has the higher dividend-safety score, and NMKCP looks like the better value (its fair-value estimate is 15% below its share price).

Key facts: AAPL vs NMKCP

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Niagara Mohawk Power Corp (NMKCP) has the higher forward dividend yield at 6.53%, versus 0.31% for Apple Inc. (AAPL).
  • As of Oct 18, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and NMKCP's A (80/100).
  • By SmarterDividends' count as of Oct 18, 2026, AAPL has raised its dividend for 14 consecutive years and NMKCP for 0.
  • As of Oct 18, 2026, AAPL's fair-value estimate is 46% below its share price and NMKCP's fair-value estimate is 15% below its share price, so NMKCP looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricAAPLNMKCP
Forward yield0.31%6.53%
Annual dividend$1.08$3.90
Payout ratio12%—
Years of growth14 yr0 yr
5-yr dividend growth5.0%0.0%
5-yr total return108%-42%
Dividend safety score95 (A)80 (A)
Fair value estimate$184.66$51.04
Upside to fair value-46%-15%
Frequencyquarterlyquarterly
Market cap$5.0T—
P/E ratio39.4—

Higher yield

NMKCP

6.53%

Safer dividend

AAPL

Grade A

Faster growth

AAPL

5.0%

Better value

NMKCP

-15% upside

AAPL vs NMKCP — FAQ

Is AAPL or NMKCP a better dividend stock?

On the data, AAPL wins more head-to-head categories (4 vs 3). NMKCP offers the higher yield (6.53%), 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 NMKCP?

NMKCP has the higher forward dividend yield at 6.53%, versus 0.31% for AAPL.

Is AAPL or NMKCP safer?

AAPL has the higher dividend-safety score (95/100 vs 80/100), reflecting stronger payout coverage and dividend-growth history.

Is AAPL or NMKCP better value right now?

As of Oct 18, 2026, NMKCP looks like the better value: its fair-value estimate is 15% below 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.