Apple Inc.
AAPLTechnology · Stock · quarterly payer
Forward Yield
0.33%
Annual Dividend
$1.08
Payout Ratio
12%
5-Yr Growth
5.0%
Ex-Date
Aug 10, 2026
Frequency
Quarterly
Summary
As of September 2026, Apple Inc. (AAPL) yields 0.33% ($1.08 per share annually), with a blended fair-value estimate of $183.14 — -43% downside, so it screens as overvalued. Dividend safety grade: A (95/100). 14 years of dividend growth.
Is AAPL a good dividend stock?
YesApple Inc. (AAPL) pays a quarterly dividend yielding 0.33% ($1.08/yr), with 14 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (12%)
- 126% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.33%
- Payout Ratio
- 12%
- Annual Dividend
- $1.08
- 5-Yr Avg Growth
- 5.0%
- Ex-Dividend Date
- Aug 10, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 1.09
- Market Cap
- $4.8T
- P/E Ratio
- 37.7
- 5-Yr Total Return
- 126%
- 52-Week Range
- $225.95 – $344.57
- Dividend Safety
- A · 95/100
- Ever Cut?
- No
Frequently Asked Questions
AAPL Price — Last 12 Months
Daily close
Price Return
1 Year
+26%
3 Years
+87%
5 Years
+126%
52-Week Range
$225.95 – $344.57
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AAPL worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Apple Inc. is $183.14 per share, versus a market price of $319.70. That implies 43% of downside.
Fair Value
$183.14
Current Price
$319.70
Downside
-43%
Margin of Safety
-75%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 11.5% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.7% discount rate (CAPM), 11.5% stage-1 growth, 2.5% terminal growth, $8.86 EPS, $1.08 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AAPL Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 10, 2026 | — | $0.2700 | regular |
| May 11, 2026 | — | $0.2700 | regular |
| Feb 9, 2026 | — | $0.2600 | regular |
| Nov 10, 2025 | — | $0.2600 | regular |
| Aug 11, 2025 | — | $0.2600 | regular |
| May 12, 2025 | — | $0.2600 | regular |
| Feb 10, 2025 | — | $0.2500 | regular |
| Nov 8, 2024 | — | $0.2500 | regular |
| Aug 12, 2024 | — | $0.2500 | regular |
| May 10, 2024 | — | $0.2500 | regular |
| Feb 9, 2024 | — | $0.2400 | regular |
| Nov 10, 2023 | — | $0.2400 | regular |
| Aug 11, 2023 | — | $0.2400 | regular |
| May 12, 2023 | — | $0.2400 | regular |
Income Calculator
At $1.08 / yr per share
