Apple shareholders will receive another $0.27 per share on November 16, keeping the quarterly cash dividend unchanged following a record September quarter.

The company's board of directors approved the payment alongside its fiscal fourth-quarter earnings results on Monday. Shareholders of record as of the close of business on November 12, 2026, will be eligible for the dividend.

The payout continues the $0.27 rate Apple maintained in July, following a 4% increase from $0.26 to $0.27 per share in April 2026.

For shareholders, the payment works out to $27 for every 100 shares owned before any applicable taxes. If Apple maintains the current rate for four quarters, the annual dividend would total $1.08 per share.

Bar chart of Apple quarterly diluted earnings per share versus cash dividend per share from 2017 Q4 to 2026 Q4, showing fluctuating EPS bars and consistently low, slowly rising dividend bars

Quarterly diluted EPS and dividend, as of Q4 2026

The dividend comes alongside Apple's latest earnings, which showed quarterly revenue of $114.5 billion, up 12% year over year. Diluted earnings per share rose 14% to $2.10, while iPhone revenue set a September-quarter record and Services reached a new all-time high.

Apple generated $28 billion in operating cash flow during the quarter and returned $28 billion to shareholders through dividends and other capital returns, including share repurchases.

The company's dividend remains a relatively small part of its shareholder returns. During fiscal 2026, the company spent $86.4 billion repurchasing shares, compared with $15.7 billion on dividends and dividend equivalents.

The difference shows how heavily Apple's capital return program favors stock buybacks over direct cash payments.

The dividend represents a direct cash payment to investors, separate from Apple's stock buyback activity. It continues the company's policy of returning capital to shareholders.