# How Many Apple (AAPL) Shares for $1,000 a Month in Dividends?

Source: https://www.equity-rank.com/dividend-income/AAPL

At Apple's current dividend of $1.08 a share a year, paid quarterly, it takes 11,112 shares to receive about $1,000 a month before tax. At the price of $348.91 on 2026-10-29 those shares cost about $3,877,088. Dividends can be raised, cut or stopped, so this is arithmetic at today's rate, not a forecast.

Worked out at today’s share price and the current dividend rate, before tax. Companies can raise, cut or stop their dividends at any time, and the share price can fall as well as rise. This is arithmetic, not a forecast or a suggestion to own any stock.

## Shares needed by monthly amount

| Monthly income | Yearly income | Shares needed | Cost at today's price |
| --- | --- | --- | --- |
| $100 | $1,200 | 1,112 | $387,988 |
| $500 | $6,000 | 5,556 | $1,938,544 |
| $1,000 | $12,000 | 11,112 | $3,877,088 |
| $2,000 | $24,000 | 22,223 | $7,753,827 |
| $5,000 | $60,000 | 55,556 | $19,384,044 |

## AAPL dividend facts

- **Current dividend a year:** $1.08 a share
- **Yield at today's price:** 0.31%
- **Paid:** Quarterly
- **Growth in dividends paid, last 5 years:** +4.5% a year
- **Model fair value:** $257.31 (gap -26.2%; a model estimate, not a forecast)

## Recent regular dividends

| Ex-dividend date | Per share |
| --- | --- |
| 2026-08-10 | $0.2700 |
| 2026-05-11 | $0.2700 |
| 2026-02-09 | $0.2600 |
| 2025-11-10 | $0.2600 |
| 2025-08-11 | $0.2600 |
| 2025-05-12 | $0.2600 |
| 2025-02-10 | $0.2500 |
| 2024-11-08 | $0.2500 |
| 2024-08-12 | $0.2500 |
| 2024-05-10 | $0.2500 |
| 2024-02-09 | $0.2400 |
| 2023-11-10 | $0.2400 |

Adjusted for share splits. Special one-off dividends are left out.

## Questions and answers

### How many Apple shares do you need for $1,000 a month in dividends?

At Apple's current dividend of $1.08 a share a year, paid quarterly, it takes 11,112 shares to receive about $1,000 a month before tax. At the price of $348.91 on 2026-10-29 those shares cost about $3,877,088. Dividends can be raised, cut or stopped, so this is arithmetic at today's rate, not a forecast.

### How often does Apple pay a dividend?

Quarterly. The most recent regular payment was $0.27 a share, with an ex-dividend date of 2026-08-10.

[AAPL valuation](https://www.equity-rank.com/stocks/AAPL) · [Every dividend payer](https://www.equity-rank.com/dividend-income) · [Dividend calendar](https://www.equity-rank.com/dividend-calendar)

---

Fair value is a model estimate under stated assumptions — not a price target, not a prediction, and not a recommendation. This page is research information, not investment advice. Equity Rank is not a registered investment adviser.
