Apple Inc. dividend history
Apple Inc.'s dividend was $1.06 a share in fiscal 2026, up 3.9% on the year before. That was 11.9% of net income. It has raised its dividend per share every year since fiscal 2013, as far back as our figures go.
Dividends, buybacks and capital spending
- Buybacks (TTM)
- $86.4B
- Dividends (TTM)
- $15.7B
- Returned to shareholders
- 75%
- of free cash flow
- Buybacks, last 3 fiscal years
- $272B
- Diluted share count
- −1.9%
- year over year
- Total shareholder yield
- 2.1%
- dividends 0.3% + buybacks 1.8% of market value
- Dividend payout ratio
- 12%
- of net income paid out
- R&D spending
- 9.6%
- of revenue
- Sales & admin spending
- 6.2%
- of revenue
- Days sales outstanding
- 33 days
- receivables vs revenue
Dividends by fiscal year
| Fiscal year | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | 2026Sept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share | — | — | — | $0.410 | $0.455 | $0.495 | $0.545 | $0.600 | $0.680 | $0.750 | $0.795 | $0.850 | $0.900 | $0.940 | $0.980 | $1.02 | $1.06 |
| Dividend per share growth | — | — | — | — | +11.0% | +8.8% | +10.1% | +10.1% | +13.3% | +10.3% | +6.0% | +6.9% | +5.9% | +4.4% | +4.3% | +4.1% | +3.9% |
| Dividends paid | — | — | — | 10.5 | 11.0 | 11.6 | 12.2 | 12.8 | 13.7 | 14.1 | 14.1 | 14.5 | 14.8 | 15.0 | 15.2 | 15.4 | 15.7 |
| Share buybacks | — | 0.0 | 0.0 | 22.9 | 45.0 | 35.3 | 29.7 | 32.9 | 72.7 | 66.9 | 72.4 | 86.0 | 89.4 | 77.6 | 94.9 | 90.7 | 86.4 |
| Dividends ÷ net income | — | — | — | 28.4% | 27.9% | 21.7% | 26.6% | 26.4% | 23.0% | 25.6% | 24.5% | 15.3% | 14.9% | 15.5% | 16.3% | 13.8% | 11.9% |
| Dividends ÷ free cash flow | — | — | — | 23.1% | 22.0% | 16.5% | 22.7% | 24.7% | 21.4% | 24.0% | 19.2% | 15.6% | 13.3% | 15.1% | 14.0% | 15.6% | 11.6% |
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