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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

FY2026 Q4 TTM
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

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Apple Inc.: dividends by fiscal year, annual
Fiscal year2010Sept 20102011Sept 20112012Sept 20122013Sept 20132014Sept 20142015Sept 20152016Sept 20162017Sept 20172018Sept 20182019Sept 20192020Sept 20202021Sept 20212022Sept 20222023Sept 20232024Sept 20242025Sept 20252026Sept 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———10.511.011.612.212.813.714.114.114.514.815.015.215.415.7
Share buybacks—0.00.022.945.035.329.732.972.766.972.486.089.477.694.990.786.4
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%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

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Figures from Apple Inc.'s SEC filings (10-K and 10-Q), retrieved November 3, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Apple Inc.