Apple (AAPL) Dividend Coverage Ratio (2012 - 2017)
Apple's (AAPL) Dividend Coverage Ratio came in at 3.67 for fiscal Q2 2017 (quarter ended Apr 1, 2017), up 1.3% from 3.62 a year earlier but down 35.8% from the prior quarter.
Apple (AAPL) Dividend Coverage Ratio (2012 - 2017) Analysis & Trends
For the trailing twelve months through Apr 1, 2017, Dividend Coverage Ratio at Apple was 3.68, down 13.6% year-over-year; for FY2016 (ended Sep 24, 2016), it came in at 3.76, down 18.6% from FY2015.
- In prior fiscal years, Apple's Dividend Coverage Ratio was 4.62 in FY2015 (+30.1%), 3.55 in FY2014 (+1.3%), 3.51 in FY2013 (-79.1%) and 16.77 in FY2012.
- Quarterly Dividend Coverage Ratio has run from a low of 2.45 in fiscal Q3 2016 to a high of 6.43 in fiscal Q1 2015 over five years.
- On a year-over-year basis, Dividend Coverage Ratio increased in three of the last eight quarters, with an average decline of 4.3%.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was fiscal Q1 2015, with growth of 36.3%; the weakest was fiscal Q3 2016, with a decline of 30.1%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior fiscal quarters was 5.72 (Q1 2017), 2.92 (Q4 2016) and 2.45 (Q3 2016).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | - |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | - |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 10.20 |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | - |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | - |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 7.80 |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 59.17 |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | - |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | - |
| 10 | Hewlett Packard Enterprise | 84.85 Bn | 62.73 Bn | 4.93 Bn | 8.15 |
Historic Data
| Date | Value |
|---|---|
| Apr 1, 2017 | 3.67 |
| Dec 31, 2016 | 5.72 |
| Sep 24, 2016 | 2.92 |
| Jun 25, 2016 | 2.45 |
| Mar 26, 2016 | 3.62 |
| Dec 26, 2015 | 6.18 |
| Sep 26, 2015 | 3.75 |
| Jun 27, 2015 | 3.50 |
| Mar 28, 2015 | 4.95 |
| Dec 27, 2014 | 6.43 |
| Sep 27, 2014 | 2.99 |
| Jun 28, 2014 | 2.70 |
| Mar 29, 2014 | 3.84 |
| Dec 28, 2013 | 4.72 |
| Sep 28, 2013 | 2.71 |
| Jun 29, 2013 | 2.45 |
| Mar 30, 2013 | 3.83 |
| Dec 29, 2012 | 5.25 |
| Sep 29, 2012 | 3.31 |
Apple Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=AAPL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "AAPL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=AAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();