AAPL vs NMPWP: 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. NMPWP offers the higher yield at 6.50%, AAPL has the higher dividend-safety score, and NMPWP looks like the better value (its fair-value estimate is 15% below its share price).
Key facts: AAPL vs NMPWP
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Niagara Mohawk Power Corporation PFD 3.40% (NMPWP) has the higher forward dividend yield at 6.50%, versus 0.31% for Apple Inc. (AAPL).
- As of Oct 18, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and NMPWP's A (83/100).
- By SmarterDividends' count as of Oct 18, 2026, AAPL has raised its dividend for 14 consecutive years and NMPWP for 0.
- As of Oct 18, 2026, AAPL's fair-value estimate is 46% below its share price and NMPWP's fair-value estimate is 15% below its share price, so NMPWP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AAPL vs NMPWP: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/aapl-vs-nmpwp
| Metric | AAPL | NMPWP |
|---|---|---|
| Forward yield | 0.31% | 6.50% |
| Annual dividend | $1.08 | $3.40 |
| Payout ratio | 12% | — |
| Years of growth | 14 yr | 0 yr |
| 5-yr dividend growth | 5.0% | 0.0% |
| 5-yr total return | 108% | -38% |
| Dividend safety score | 95 (A) | 83 (A) |
| Fair value estimate | $184.66 | $44.49 |
| Upside to fair value | -46% | -15% |
| Frequency | quarterly | quarterly |
| Market cap | $5.0T | — |
| P/E ratio | 39.4 | — |
Higher yield
NMPWP
6.50%
Safer dividend
AAPL
Grade A
Faster growth
AAPL
5.0%
Better value
NMPWP
-15% upside
AAPL vs NMPWP — FAQ
Is AAPL or NMPWP a better dividend stock?
On the data, AAPL wins more head-to-head categories (4 vs 3). NMPWP offers the higher yield (6.50%), 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 NMPWP?
NMPWP has the higher forward dividend yield at 6.50%, versus 0.31% for AAPL.
Is AAPL or NMPWP safer?
AAPL has the higher dividend-safety score (95/100 vs 83/100), reflecting stronger payout coverage and dividend-growth history.
Is AAPL or NMPWP better value right now?
As of Oct 18, 2026, NMPWP 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.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.