SmarterDividends

AAPL vs NOVTU: Which Is the Better Dividend Stock?

As of Oct 27, 2026, AAPL and NOVTU are closely matched. NOVTU offers the higher yield at 3.82%, 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 NOVTU

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Novanta Inc. (NOVTU) has the higher forward dividend yield at 3.82%, versus 0.31% for Apple Inc. (AAPL).
  • By SmarterDividends' count as of Oct 27, 2026, AAPL has raised its dividend for 14 consecutive years and NOVTU for 0.
  • As of Oct 27, 2026, AAPL's fair-value estimate is 47% below its share price and NOVTU's fair-value estimate is 47% below its share price, so AAPL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AAPL vs NOVTU: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/aapl-vs-novtu

MetricAAPLNOVTU
Forward yield0.31%3.82%
Annual dividend$1.08$2.34
Payout ratio12%—
Years of growth14 yr0 yr
5-yr dividend growth5.0%—
5-yr total return110%—
Dividend safety score95 (A)—
Fair value estimate$183.46$32.40
Upside to fair value-47%-47%
Frequencyquarterlyquarterly
Market cap$5.0T—
P/E ratio39.4—

Higher yield

NOVTU

3.82%

Safer dividend

AAPL

Grade A

Faster growth

AAPL

5.0%

Better value

AAPL

-47% upside

AAPL vs NOVTU — FAQ

Is AAPL or NOVTU a better dividend stock?

AAPL and NOVTU are closely matched. NOVTU has the higher yield; AAPL scores better on safety.

Which has a higher dividend yield, AAPL or NOVTU?

NOVTU has the higher forward dividend yield at 3.82%, versus 0.31% for AAPL.

Is AAPL or NOVTU safer?

Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.

Is AAPL or NOVTU 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 NOVTU, its fair-value estimate is 47% below its share price.

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