AAPL vs SAP: Which Is the Better Dividend Stock?
As of Nov 9, 2026, AAPL and SAP are closely matched. SAP offers the higher yield at 1.25%, AAPL has the higher dividend-safety score, and SAP looks like the better value (its fair-value estimate is 40% below its share price).
Key facts: AAPL vs SAP
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, SAP SE (SAP) has the higher forward dividend yield at 1.25%, versus 0.32% for Apple Inc. (AAPL).
- As of Nov 9, 2026, SmarterDividends grades AAPL's dividend safety A (95/100) and SAP's B (68/100).
- By SmarterDividends' count as of Nov 9, 2026, AAPL has raised its dividend for 13 consecutive years and SAP for 2.
- As of Nov 9, 2026, AAPL pays out 12% of its earnings as dividends and SAP pays out 36%.
- As of Nov 9, 2026, AAPL's fair-value estimate is 41% below its share price and SAP's fair-value estimate is 40% below its share price, so SAP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AAPL vs SAP: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/aapl-vs-sap
| Metric | AAPL | SAP |
|---|---|---|
| Forward yield | 0.32% | 1.25% |
| Annual dividend | $1.08 | $2.93 |
| Payout ratio | 12% | 36% |
| Years of growth | 13 yr | 2 yr |
| 5-yr dividend growth | 5.0% | 9.0% |
| 5-yr total return | 107% | 82% |
| Dividend safety score | 95 (A) | 68 (B) |
| Fair value estimate | $202.84 | $141.21 |
| Upside to fair value | -41% | -40% |
| Frequency | quarterly | annual |
| Market cap | $5.0T | $269.4B |
| P/E ratio | 38.1 | 29.1 |
Higher yield
SAP
1.25%
Safer dividend
AAPL
Grade A
Faster growth
SAP
9.0%
Better value
SAP
-40% upside
AAPL vs SAP — FAQ
Is AAPL or SAP a better dividend stock?
AAPL and SAP are closely matched. SAP has the higher yield; AAPL scores better on safety.
Which has a higher dividend yield, AAPL or SAP?
SAP has the higher forward dividend yield at 1.25%, versus 0.32% for AAPL.
Is AAPL or SAP safer?
AAPL has the higher dividend-safety score (95/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is AAPL or SAP better value right now?
As of Nov 9, 2026, SAP looks like the better value: its fair-value estimate is 40% below its share price (overvalued). For AAPL, its fair-value estimate is 41% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.