Apple (BUE:AAPL) Dividend Payout Ratio

: 0.07 (As of Dec. 2023)

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

Apple's dividend payout ratio for the months ended in Dec. 2023 was 0.07.

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

BUE:AAPL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09 Med: 0.24 Max: 0.28
Current: 0.09

During the past 13 years, the highest Dividend Payout Ratio of Apple was 0.28. The lowest was 0.09. And the median was 0.24.

BUE:AAPL's Dividend Payout Ratio is ranked better than
89.04% of 1186 companies
in the Hardware industry
Industry Median: 0.45 vs BUE:AAPL: 0.09

As of today (2024-04-19), the Dividend Yield % of Apple is 0.36%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Apple was 2.64%. The lowest was 0.36%. And the median was 1.42%.

Apple's Dividends per Share for the months ended in Dec. 2023 was ARS8.66.

During the past 12 months, Apple's average Dividends Per Share Growth Rate was 4.40% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 6.60% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.10% 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 9.95% per year.

The growth rate is calculated with least square regression.

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

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 Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Dividend Payout Ratio

0.15

0.09

Apple Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.07	0.09	0.11	0.10	0.07

Competitive 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 Distribution

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

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Apple's Dividend Payout Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Sep. 2023 )	/	EPS without NRI (A: Sep. 2023 )
	=	32.895	/	357.604
	=	0.09

Apple's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	8.664	/	131.19
	=	0.07

Apple (BUE:AAPL) Dividend Payout Ratio Explanation

In dividends investing, 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 (BUE:AAPL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

AAPL:USA AAPL:Peru AAPL:Mexico AAPL:Italy APCd:UK 0R2V:UK APC:Germany AAPL:Chile AAPL:Canada AAPL34:Brazil AAPL:Austria

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.