Technology giant Apple (NASDAQ: AAPL) will pay its next quarterly dividend on August 13, 2026, distributing $0.27 per share to eligible shareholders.
To this end, investors holding 100 Apple shares will receive $27 before taxes, with the payout unchanged from the previous quarter.
At the same time, 100 AAPL shares would generate $108 in annual income, assuming the dividend remains unchanged for the next four quarters.
The dividend reinforces Apple’s long-standing capital return program, which has delivered annual dividend increases for 15 consecutive years.
While the yield remains modest compared with traditional income stocks, the company’s low payout ratio, consistent dividend growth and strong cash generation suggest continued capacity for future dividend increases.
The ex-dividend date is August 10, meaning investors need to own Apple stock before that date to qualify for the August 13 payment.
At the same time, Apple’s forward dividend yield stands at approximately 0.34%, while its forward payout ratio is about 11.3%, indicating the company continues to retain most of its earnings for growth initiatives and share repurchases.
Apple stock fundamentals
The upcoming payment follows a strong fiscal third-quarter earnings report. Apple generated a record $109.4 billion in revenue during the June quarter, up 16% year over year, while diluted earnings per share increased 29% to $2.02.
Growth was driven by strong demand for the iPhone 17 lineup, Mac computers and Services.
Despite reporting record quarterly results, Apple shares declined following earnings as investors focused on softer-than-expected guidance and supply constraints. As of press time, AAPL stock was valued at $313, having gained over 15% in 2026.
Management forecast September-quarter revenue growth of 9% to 11%, below some market expectations. The company also warned of increasing constraints on advanced chip supply, affecting iPhone, Mac and iPad production as demand continues to exceed internal forecasts.
Foreign-exchange headwinds are expected to reduce growth by roughly 2.5 percentage points sequentially, while rising memory costs could pressure margins.
Gross margin guidance for the current quarter was set at 47% to 48%, below the tariff-boosted level reported in the June quarter.
At the same time, August’s dividend payment also comes ahead of a major leadership transition where John Ternus, Apple’s longtime hardware chief, will become chief executive on September 1, succeeding Tim Cook, who will move into the role of Executive Chairman.
The transition has been presented as a continuation of Apple’s existing strategy rather than a significant shift in direction.
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