SmarterDividends

AAPL vs IBM: Which Is the Better Dividend Stock?

As of September 2026, AAPL and IBM are closely matched. IBM offers the higher yield at 2.89%, AAPL has the higher dividend-safety score, and IBM trades at the larger discount to fair value (-1%).

MetricAAPLIBM
Forward yield0.33%2.89%
Annual dividend$1.08$6.76
Payout ratio12%60%
Years of growth14 yr30 yr
5-yr dividend growth5.0%1.5%
5-yr total return135%83%
Dividend safety score95 (A)91 (A)
Fair value estimate$181.31$240.11
Upside to fair value-45%-1%
Frequencyquarterlyquarterly
Market cap$4.8T$229.2B
P/E ratio38.121.6

Higher yield

IBM

2.89%

Safer dividend

AAPL

Grade A

Faster growth

AAPL

5.0%

Better value

IBM

-1% upside

AAPL vs IBM — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.