AAPL vs TCPA: Which Is the Better Dividend Stock?
As of Oct 18, 2026, AAPL (Apple Inc.) screens as the stronger dividend stock, winning 3 of 4 head-to-head metrics. TCPA offers the higher yield at 3.98%, AAPL has the higher dividend-safety score, and AAPL looks like the better value (its fair-value estimate is 46% below its share price).
Key facts: AAPL vs TCPA
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, TransCanada PipeLines Limited 6 (TCPA) has the higher forward dividend yield at 3.98%, versus 0.31% for Apple Inc. (AAPL).
- By SmarterDividends' count as of Oct 18, 2026, AAPL has raised its dividend for 14 consecutive years and TCPA for 0.
- As of Oct 18, 2026, AAPL's fair-value estimate is 46% below its share price and TCPA's fair-value estimate is 48% below its share price, so AAPL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AAPL vs TCPA: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/aapl-vs-tcpa
| Metric | AAPL | TCPA |
|---|---|---|
| Forward yield | 0.31% | 3.98% |
| Annual dividend | $1.08 | $0.78 |
| Payout ratio | 12% | — |
| Years of growth | 14 yr | 0 yr |
| 5-yr dividend growth | 5.0% | — |
| 5-yr total return | 108% | — |
| Dividend safety score | 95 (A) | — |
| Fair value estimate | $184.66 | $10.23 |
| Upside to fair value | -46% | -48% |
| Frequency | quarterly | quarterly |
| Market cap | $5.0T | — |
| P/E ratio | 39.4 | — |
Higher yield
TCPA
3.98%
Safer dividend
AAPL
Grade A
Faster growth
AAPL
5.0%
Better value
AAPL
-46% upside
AAPL vs TCPA — FAQ
Is AAPL or TCPA a better dividend stock?
On the data, AAPL wins more head-to-head categories (3 vs 1). TCPA offers the higher yield (3.98%), 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 TCPA?
TCPA has the higher forward dividend yield at 3.98%, versus 0.31% for AAPL.
Is AAPL or TCPA safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is AAPL or TCPA better value right now?
As of Oct 18, 2026, AAPL looks like the better value: its fair-value estimate is 46% below its share price (overvalued). For TCPA, its fair-value estimate is 48% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.