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Derived from payout historyIncome reliability
Quarterly income profile is visible
AAPL has an income profile aligned with its dividend company role. Provider data shows 4 recent payout records.
Market dataIncome framework read
Dividend CompanyNasdaqUnited States
AAPL
Apple
TechnologyPlain dividendQuarterly
Market Snapshot
US$336.91
+US$3.89 (1.17%)
NasdaqGS
Yield
0.32%
Rate US$1.08
Next Payment
Payment date passed
Ex-date 2026-05-11
52wk Position
98.07%
-0.78% below high
Updated just now
Decision Area
Distribution and DRIP Defense
Payout history, default DRIP coverage, and price creep pressure using market data where available.
Distribution Chart
Last 12 payments
Confirmed Expected
Coverage Ratio Test
DRIP defense check
- Cash
- US$27.00
- APR
- 0.080
- Coverage
- 0.080
Rung failed. Restore immediately or rebalance the holding.
Price Creep
Defended price ceiling
- Max defended
- US$27.00
- Cushion
- -US$309.91
- Cushion %
- -91.99%
Current US$336.91Break US$27.00
Smart Recommendation
AAPL is not defended at these inputs; top up shares, lower TPR, or test alternatives.
Research Signals
Payout sustainability
Strong
2mo agoDRIP availability
Plan-only
2mo agoTax character
Foreign income
2mo agoDistribution history
Multi-decade
2mo agoStructure complexity
Simple
2mo agoIncome trend
Growing
2mo agoAccount suitability
RRSP / RRIF optimal
2mo agoGrowth-to-Income Holding
AAPL is a growth-to-income candidate whose dividend yield is well below 1%. Income planning should focus on long-term compounding via the Portfolio Conversion Tool, not current yield. Hold in an RRSP to eliminate U.S. withholding tax under the Canada-U.S. tax treaty.
Open Portfolio Conversion ToolStructure Overview
Apple Inc. (AAPL) reinstated its dividend in 2012 after a suspension that began in 1995. While Apple's balance sheet and cash generation are exceptional, the current dividend yield is well below 1%, classifying AAPL as a growth holding with modest income. For Canadian investors, Apple dividends are foreign income subject to 15% U.S. withholding tax in non-registered and TFSA accounts, but sheltered in an RRSP under the Canada-U.S. tax treaty.
Canadian Planning Notes
- 1AAPL dividends are U.S.-sourced foreign income; hold in an RRSP to eliminate the 15% withholding tax under the Canada-U.S. tax treaty.
- 2TFSA placement does not shelter the withholding tax on U.S. dividends; the treaty exemption applies only to registered pension accounts (RRSP, RRIF, RPP).
- 3AAPL's current yield is very low; plan using the Portfolio Conversion Tool to model when compounding dividend growth generates target income levels.
Market Facts
Market Data
A factual market, distribution, valuation, and financial snapshot for this holding.
Canadian Context
Account placement
RRSP
Canada-U.S. treaty treatment can exempt U.S. dividends from withholding tax inside RRSP or RRIF accounts. TFSAs do not receive the same treaty treatment.
Non-registered: Foreign tax credit may be available for U.S. withholding tax.
Eligible dividend tax credit
- Total credit
- $345.27
- Effective rate
- 34.53%
Broker DRIP status
Questrade
Available
Wealthsimple
Plan-only
RBC Direct Investing
Available
TD Direct Investing
Available
U.S.-listed holdings can have withholding tax differences by account type. RRSP treatment is often more favorable than TFSA treatment.
Run Your Numbers
Carry this holding into a calculator
Use a planning tool that matches this holding's structure, payout timing, and income use case.
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This profile is informational only and does not constitute licensed financial advice. Signal values, planning notes, market data, and structure summaries may not reflect the most current issuer disclosures. Always verify current payout policy, ex-dividend dates, financial statements, and issuer communications before making any investment decision.