Apple (CHIX:APCD) Dividend Payout Ratio: 0.13 (As of Mar. 2026) — 32% Below Median

Apple CHIX:APCD 91 Dividend Payout Ratio is 0.13 as of Mar. 2026, which is 32% below its 10-year median of 0.19. GuruFocus rates CHIX:APCD with a GF Score™ of 91/100 and a GF Value™ of €250.78 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,211 Hardware companies, Apple ranks better than 88.85% on this metric.

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 Mar. 2026 was 0.13.

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

CHIX:APCd' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.19 Max: 0.26
Current: 0.13

During the past 13 years, the highest Dividend Payout Ratio of Apple was 0.26. The lowest was 0.13. And the median was 0.19.

CHIX:APCd's Dividend Payout Ratio is ranked better than
88.85% of 1211 companies
in the Hardware industry
Industry Median: 0.47 vs CHIX:APCd: 0.13

As of today (2026-06-26), the Dividend Yield % of Apple is 0.35%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Apple was 2.22%. The lowest was 0.33%. And the median was 0.63%.

Apple's Dividends per Share for the months ended in Mar. 2026 was €0.23.

During the past 12 months, Apple's average Dividends Per Share Growth Rate was 4.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.50% 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 7.00% 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 (CHIX:APCd) 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

Apple Dividend Payout Ratio Historical Data

* Premium members only.

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.

Apple Dividend Payout Ratio Chart

Apple Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Sep25

Dividend Payout Ratio

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0.00

0.08

0.15

0.14

Apple Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.15	0.17	0.14	0.09	0.13

CHIX:APCD vs SONO, VUZI, TBCH: Dividend Payout Ratio Comparison

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 Dividend Payout Ratio vs 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.

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91GF Score

Apple Inc CHIX:APCD

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Apple Dividend Payout Ratio Calculation

Apple's Dividend Payout Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2025 )	/	EPS without NRI (A: Sep. 2025 )
	=	0.869	/	6.356
	=	0.14

Apple's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	0.225	/	1.739
	=	0.13

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.13 mean?

Apple (CHIX:APCD) has a Dividend Payout Ratio of 0.13 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Apple and its competitors. This is 32% below median its historical median of 0.19. Over the past decade, Apple's Dividend Payout Ratio has ranged from 0.13 to 0.26. According to the industry distribution chart, Apple ranks #135 out of 1211 companies in the Hardware industry, placing it in the top 11.1%.

Is Apple's Dividend Payout Ratio too high?

Apple's current Dividend Payout Ratio of 0.13 is 32% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.26. The Hardware industry median Dividend Payout Ratio is 0.47. Apple's value of 0.13 is 72.3% below this industry median. Based on the distribution chart, Apple ranks #135 out of 1211 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Apple has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Apple's Dividend Payout Ratio compare to SONO and VUZI?

According to the Hardware industry distribution chart, Apple ranks #135 out of 1211 companies for Dividend Payout Ratio. This places Apple in the top 11% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.47. Apple's value of 0.13 is 72.3% below this benchmark. Historically, Apple's own Dividend Payout Ratio has ranged from 0.13 to 0.26 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.47, Apple has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Hardware company?

The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,211 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apple's current Dividend Payout Ratio of 0.13 is 72.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Apple and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apple's current Dividend Payout Ratio is 0.13, which is 32% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Apple stock overvalued right now?

Based on GuruFocus' analysis, Apple (CHIX:APCD) is currently considered Fairly Valued. The stock's GF Value™ is €250.78, compared to a current price of €259.15 — trading 3.3% above its estimated fair value. The current Dividend Payout Ratio is 0.13, which is 32% below median its 10-year median of 0.19 and 72.3% below the Hardware industry median of 0.47. Apple's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Apple (CHIX:APCD), the current Dividend Payout Ratio is 0.13 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Apple (CHIX:APCD) Overvalued in 2026?

Based on GuruFocus' analysis, Apple stock appears to be overvalued. The current stock price of €259.15 is trading 3.3% above its estimated GF Value™ of €250.78. GuruFocus considers Apple to be Fairly Valued.

Key valuation signals for CHIX:APCD:

Dividend Payout Ratio: 0.13 (32% below median its 10-year median of 0.19)
GF Value™: €250.78 vs. price of €259.15 (3.3% above fair value)
GF Score™: 91/100 with 1 warning sign
Industry Position: 72.3% below the Hardware median (#135 of 1211)

No single metric tells the full story. See the CHIX:APCD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Apple Business Description

Industry Technology Hardware

Comparable Companies SONO VUZI TBCH GPRO ZEPP UEIC AXIL KOSS FOXX TKLS XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 XKRX:066570 SZSE:300857 SHSE:603296 HKSE:03296 XKRX:003550 SZSE:002241

Other Exchanges AAPL:USA AAPL19:Thailand AAPL01:Thailand AAPL:Poland AAPL:Peru AAPL:Mexico AAPL_KZ:Kazakhstan 1AAPL:Italy 0R2V:UK APC:Germany AAPLCO:Colombia AAPL:Chile ZAAP:Canada 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 accounts for the majority of the firm's sales, and Apple's other products, such as the 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, such as streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors and works with subcontractors such as Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with the majority coming indirectly through partnerships and distribution.

91GF Score

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€259.15

Price

€250.78

GF Value

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