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Apple pays a quarterly cash dividend. Its latest declared payment is $0.27 per share, payable November 16, 2026, to shareholders of record November 12. At the November 11 closing share price of $355.63, that rate implies an annualized yield of about 0.30%—a dated calculation, not a promised return. Apple has raised its dividend, but future payments and increases remain subject to action by its board.
What is Apple’s latest dividend and when is it paid?
Apple’s latest dividend declaration is $0.27 per share. The company announced it on November 2, 2026, set November 12 as the record date, and scheduled payment for November 16. Those dates describe one declared dividend; they do not guarantee the timing or amount of future payments.
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- Declaration date: when Apple’s board announces a dividend and its terms.
- Record date: the date Apple uses to identify shareholders of record for that payment.
- Payable date: the date Apple says the cash dividend will be paid.
Apple’s official dividend history shows a quarterly pattern: declarations generally occur around January, April, July, and October, while payments generally fall in February, May, August, and November. These are historical patterns, not a calendar guarantee. For the next payment, check Apple’s latest dividend announcement rather than projecting a date from the prior quarter. The company’s dividend-history page also notes that its displayed historical amounts are not adjusted for stock splits.
The quarterly cadence means an investor should distinguish a regular pattern from a confirmed declaration. A prior February, May, August, or November payment does not by itself establish the next payment’s amount or date. Apple’s Q4 2026 earnings release confirms the November payment, while the investor-relations history provides the longer pattern.
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How do you calculate Apple’s dividend yield?
Dividend yield compares the annual dividend per share with the share price. For a forward-looking estimate using Apple’s latest quarterly rate, multiply that rate by four and divide by the share price:
Indicative forward yield = latest quarterly dividend × 4 ÷ share price
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Using the latest declared $0.27 quarterly amount gives an annualized figure of $1.08 per share ($0.27 × 4), assuming that amount continues for four payments. Apple closed at $355.63 on November 11, 2026. The calculation is $1.08 ÷ $355.63 = approximately 0.00304, or 0.304%, usually rounded to 0.30%.
This is an illustration tied to a specific closing price and dividend rate, not an evergreen “current yield.” A different share price changes the percentage even if the dividend stays the same. The $1.08 is also an annualized run rate, not a promise that Apple will declare four more payments at $0.27.
A forward yield calculated this way is not the same measure as a trailing 12-month yield. The forward calculation applies the latest quarterly rate to four assumed payments; a trailing yield uses distributions actually made over the preceding 12 months. Those figures can differ when the rate changes during the period. When looking at any quoted yield, check its date and whether it is trailing or annualized from the latest rate.
Yield is a ratio, not a fixed interest rate. If Apple’s price rises to a higher level while the dividend remains $0.27 per quarter, the calculated yield falls. If the price declines, the calculated yield rises, even though the cash amount per share has not changed. A market-price-based yield should therefore always carry its price date.
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How much dividend income would Apple shares produce?
At the latest declared rate, one share would generate $0.27 for a payment, if eligible for that declared dividend. Four payments at that rate would total $1.08 per share over a year, if the rate and quarterly schedule continued. For a simple estimate, multiply the number of shares by $1.08; the result is an assumed annual cash amount before any taxes or account-specific handling.
For example, 100 shares at the latest annualized rate would imply $108 over four payments. Ten shares would imply $10.80, and 500 shares would imply $540 under the same assumption. To target $1,000 in annual cash, the arithmetic is $1,000 divided by $1.08, or about 926 shares. These examples are calculations from the latest rate, not forecasts or guaranteed income targets.
Share count does not determine the investment’s total return. The market value of the shares can rise or fall by much more than the dividend received. An investor also needs to account for whether the board changes the rate, whether four payments actually occur at that rate, and any account-level treatment of the cash.
Has Apple’s dividend been growing?
Apple raised its quarterly dividend from $0.26 to $0.27 in 2026, beginning with the May payment. Its earnings release described the declaration as a 4% increase. Using the rounded per-share amounts, the increase is one cent per quarter; the company’s stated 4% is the appropriate figure to cite for that announcement.
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Apple’s 2026 Form 10-K reports dividends and equivalents declared per share or RSU of $1.06 in fiscal 2026, $1.02 in fiscal 2025, and $0.98 in fiscal 2024. These are the filing’s fiscal-year figures, not guidance for future annual dividends. They should not be confused with the $1.08 forward annualization, which simply multiplies the latest quarterly rate by four. One is a reported fiscal-year measure; the other is a hypothetical run rate based on the latest declaration.
Fiscal-year totals can differ from a simple calendar-year multiplication because Apple’s fiscal year and dividend-declaration timing do not line up perfectly with four identical calendar quarters. The 10-K figures also refer to dividends and equivalents per share or RSU, so they should be labeled precisely rather than presented as a promise of what an investor will receive next year.
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Apple’s Form 10-K says: “The Company intends to increase its dividend on an annual basis, subject to declaration by the Board.” The qualification matters. It describes company intent, not an automatic annual increase or an enforceable promise. The board must declare a dividend, and future decisions remain subject to business conditions and risks.
The company’s stated intention is useful context when reviewing the history, but it does not turn a projected increase into a contractual entitlement. Investors should wait for an official declaration before treating a new amount, record date, or payable date as confirmed.
What does Apple’s dividend tell you about shareholder returns?
The dividend is one part of Apple’s capital return, not the whole return an investor receives. Apple’s 2026 Form 10-K reports $15.7 billion of dividends and dividend equivalents paid during fiscal 2026, alongside $85.8 billion of common stock repurchased. In April 2026, Apple also announced a new repurchase authorization of up to $100 billion and raised its quarterly dividend from $0.26 to $0.27 beginning in May.
These figures measure different things. A per-share dividend is the cash amount declared for each share; total dividends paid aggregate cash distributions over a period. Stock repurchases are a separate way a company may return capital and are not cash dividends paid to each shareholder. An authorization to repurchase shares is not itself a dividend declaration, nor does it mean every authorized dollar will necessarily be spent.
Repurchases can affect the number of shares outstanding and therefore the per-share context, but a buyback does not put cash directly into every shareholder’s account in the way a dividend does. Conversely, a dividend does not indicate what Apple’s stock will be worth after the payment. For a complete shareholder-return view, combine dividends, changes in share price, and the effect of capital-return programs rather than relying on yield alone.
Apple reported fiscal 2026 revenue of $479 billion. That company-wide revenue figure provides scale, but it is not a dividend metric and does not establish what future dividends will be. Revenue, dividends paid, repurchases, the share price, and the dividend per share answer different questions. A shareholder evaluating income should focus on the declared per-share amount and its yield; someone assessing overall shareholder return also needs to consider share-price changes and other capital-return actions.
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How should you compare Apple’s dividend figures?
Use consistent definitions and dates. A latest-rate annualized yield should be compared with another company’s latest-rate annualized yield using the same price date. A trailing 12-month yield should be compared with another trailing figure, not mixed with a forward run rate. Likewise, dividend growth should be separated from current yield: Apple can have a low yield and still increase its payout.
Keep per-share declarations separate from total cash paid. The $0.27 figure answers how much was declared for one share in the latest quarter. The $15.7 billion figure answers how much Apple reported paying in dividends and equivalents during fiscal 2026. Neither number alone describes the other. Historical per-share amounts on Apple’s dividend page are also shown under the company’s not-split-adjusted convention, so older entries should not be silently restated using a different convention.
What should investors keep in mind?
- A low yield is not the same as no dividend growth. At the dated November 11 price example, Apple’s annualized yield is about 0.30%, while the quarterly payment increased from $0.26 to $0.27 in 2026. Yield measures the payout relative to price; growth measures how the payout changes over time.
- The share price affects yield. If the share price rises while the dividend rate is unchanged, the calculated yield falls; if the price declines, the calculated yield rises. Neither move changes the declared cash amount per share by itself.
- Annualizing is an assumption. Multiplying a quarterly dividend by four makes the current rate easier to compare, but it assumes that rate persists for four payments. Treat it as an estimate, not a declared annual total.
- Past payments do not guarantee future ones. Apple’s stated intention to raise its dividend annually is expressly subject to board declaration. Confirm each future declaration from the company.
- Keep fiscal-year and calendar-quarter figures separate. The Form 10-K’s fiscal-year amounts are not interchangeable with a forward run-rate calculation or a calendar-year payment total.
- Do not infer eligibility from a historical pattern. The record date identifies shareholders of record for a specific declared payment. Check the official notice for each payment rather than relying on a customary month.
- Do not treat a repurchase authorization as dividend income. Buybacks and dividends are separate capital-return methods with different effects for shareholders.
The primary records for these figures are Apple Investor Relations’ dividend history, Apple’s Q4 2026 earnings release, and its fiscal 2026 Form 10-K. The November 11, 2026 closing price used for the yield example is from Yahoo Finance’s historical-price data. Because yield changes with market price, use a fresh price and date if recalculating it later.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Frequently Asked Questions
How many Apple shares would it take to receive $1,000 a year in dividends?
At four payments of $0.27 per share, the arithmetic is $1,000 ÷ $1.08, or about 926 shares. That estimate assumes Apple maintains the latest rate for a full year and excludes taxes; it is not a guaranteed income target.
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No. A dividend declaration does not protect the share price from falling, and Apple says future dividends are subject to board action. The cash income and the market value of the shares are separate parts of the investment.
Why is Apple’s $1.06 fiscal 2026 figure different from $1.08 annualized?
They are different measures: $1.06 is the Form 10-K’s reported fiscal-year dividends and equivalents declared per share or RSU, while $1.08 multiplies the latest $0.27 quarterly rate by four. The latter is a run-rate calculation, not Apple’s reported fiscal-year figure or a forecast.
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What is Apple’s latest declared dividend payment?
Apple declared $0.27 per share on November 2, 2026. The record date is November 12, 2026, and the payable date is November 16, 2026.
Why can Apple’s dividend yield change without a dividend change?
Yield divides the annualized dividend by the share price. If the stock price moves while the $0.27 quarterly rate stays unchanged, the percentage yield moves in the opposite direction.
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No. It assumes four payments at $0.27. Apple’s next dividends, their amounts, and their dates remain subject to declaration by the board.
What is the difference between Apple’s dividend and its buybacks?
A dividend is cash declared per share and paid to eligible shareholders. A buyback is Apple’s purchase of its own shares under an authorization; it is a separate capital-return action and is not a cash dividend paid to each shareholder.
Are Apple’s historical dividend amounts split adjusted?
Apple’s dividend-history page states that its displayed historical amounts are not adjusted for stock splits. Preserve that convention when comparing older per-share entries.
The Bottom Line
Bottom line: Apple’s latest declared dividend is $0.27 per share, payable November 16, 2026. At the November 11 closing price, repeating that quarterly rate four times implies a dated yield of about 0.30%. Apple has raised the payout and says it intends to increase it annually, but every future payment and increase remains subject to board declaration.
