Apple (AAPL) Dividend Payout Ratio : 0.15 (As of Sep. 2024)

View and export this data going back to 1980. Start your Free Trial

What is Apple Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Apple's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.15.

The historical rank and industry rank for Apple's Dividend Payout Ratio or its related term are showing as below:

AAPL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.22 Max: 0.26
Current: 0.15

During the past 13 years, the highest Dividend Payout Ratio of Apple was 0.26. The lowest was 0.15. And the median was 0.22.

AAPL's Dividend Payout Ratio is ranked better than
89.47% of 1215 companies
in the Hardware industry
Industry Median: 0.47 vs AAPL: 0.15

As of today (2024-12-15), the Dividend Yield % of Apple is 0.40%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Apple was 2.30%. The lowest was 0.39%. And the median was 1.14%.

Apple's Dividends per Share for the months ended in Sep. 2024 was $0.25.

During the past 12 months, Apple's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Apple was 73.40% per year. The lowest was -37.00% per year. And the median was 9.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Apple Dividend Payout Ratio Historical Data

The historical data trend for Apple's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apple Dividend Payout Ratio Chart

Apple Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Dividend Payout Ratio

Get a 7-Day Free Trial

0.24

0.15

Apple Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.16	0.11	0.16	0.18	0.15

Competitive Comparison of Apple's Dividend Payout Ratio

For the Consumer Electronics subindustry, Apple's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Apple's Dividend Payout Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Apple's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Apple's Dividend Payout Ratio falls into.

Apple Dividend Payout Ratio Calculation

Apple's Dividend Payout Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2024 )	/	EPS without NRI (A: Sep. 2024 )
	=	0.98	/	6.75
	=	0.15

Apple's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.25	/	1.64
	=	0.15

Apple (NAS:AAPL) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Apple Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Apple's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Apple Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apple Inc (NAS:AAPL) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

AAPL:Peru AAPL:Mexico AAPL_KZ:Kazakhstan 1AAPL:Italy APCd:UK APC8:Germany APC:Germany APC:Germany APC:Germany APC:Germany AAPL:Chile AAPL:Canada AAPL34:Brazil APC:Bulgaria AAPL:Austria AAPL:Argentina

Address

One Apple Park Way, Cupertino, CA, USA, 95014

Website

https://www.apple.com

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Executives

Arthur D Levinson	director	C/O GENENTECH INC, 1 DNA WAY MS 49, SOUTH SAN FRANCISCO CA 94080-4990
Chris Kondo	officer: Principal Accounting Officer	1 INFINITE LOOP, CUPERTINO CA 95014
Luca Maestri	officer: Senior Vice President, CFO	1 INFINITE LOOP, CUPERTINO CA 95014
Katherine L. Adams	officer: SVP, General Counsel	APPLE INC., 1 INFINITE LOOP, CUPERTINO CA 95014
Deirdre O'brien	officer: Senior Vice President	ONE APPLE PARK WAY, CUPERTINO CA 95014
Jeffrey E Williams	officer: COO	ONE INFINITE LOOP, CUPERTINO CA 95014
Timothy D Cook	director, officer: Chief Executive Officer	C/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014
Alex Gorsky	director	JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
Monica C Lozano	director
Angela J Ahrendts	officer: Senior Vice President	1 INFINITE LOOP, CUPERTINO CA 95014
Johny Srouji	officer: Senior Vice President	1 INFINITE LOOP, CUPERTINO CA 95014
Craig Federighi	officer: Senior Vice President	807 11TH AVENUE, SUNNYVALE CA 94089
Daniel J. Riccio	officer: Senior Vice President	1 INFINITE LOOP, CUPERTINO CA 95014
Philip W Schiller	officer: Senior Vice President	C/O APPLE INC, ONE INFINITE LOOP, CUPERTINO CA 95014
Susan Wagner	director	C/O BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022