{"slug":"aapl-dividend-history","qid":"payout_coverage","label":"AAPL dividends paid against free cash flow, by fiscal year","post_title":"AAPL Dividend History: Splits and Raises","post_url":"/blog/aapl-dividend-history#q-payout_coverage","columns":["year","dividends_paid_billions","free_cash_flow_billions","dividends_share_of_fcf_pct"],"rows":[{"year":"2013","dividends_paid_billions":10.6,"free_cash_flow_billions":45.5,"dividends_share_of_fcf_pct":23.2},{"year":"2014","dividends_paid_billions":11.1,"free_cash_flow_billions":50.1,"dividends_share_of_fcf_pct":22.2},{"year":"2015","dividends_paid_billions":11.6,"free_cash_flow_billions":70,"dividends_share_of_fcf_pct":16.5},{"year":"2016","dividends_paid_billions":12.2,"free_cash_flow_billions":53.5,"dividends_share_of_fcf_pct":22.7},{"year":"2017","dividends_paid_billions":12.8,"free_cash_flow_billions":51.8,"dividends_share_of_fcf_pct":24.7},{"year":"2018","dividends_paid_billions":13.7,"free_cash_flow_billions":64.1,"dividends_share_of_fcf_pct":21.4},{"year":"2019","dividends_paid_billions":14.1,"free_cash_flow_billions":58.9,"dividends_share_of_fcf_pct":24},{"year":"2020","dividends_paid_billions":14.1,"free_cash_flow_billions":73.4,"dividends_share_of_fcf_pct":19.2},{"year":"2021","dividends_paid_billions":14.5,"free_cash_flow_billions":93,"dividends_share_of_fcf_pct":15.6},{"year":"2022","dividends_paid_billions":14.8,"free_cash_flow_billions":111.4,"dividends_share_of_fcf_pct":13.3},{"year":"2023","dividends_paid_billions":15,"free_cash_flow_billions":99.6,"dividends_share_of_fcf_pct":15.1},{"year":"2024","dividends_paid_billions":15.2,"free_cash_flow_billions":108.8,"dividends_share_of_fcf_pct":14},{"year":"2025","dividends_paid_billions":15.4,"free_cash_flow_billions":98.8,"dividends_share_of_fcf_pct":15.6}],"shape":"ranking","sql":"WITH annual_years AS\n(\n    SELECT\n        toUInt16OrZero(toString(fiscal_year))                                            AS fy,\n        argMax(abs(dividends), (filing_date, period_end))                                AS dividends_paid,\n        argMax(net_cash_from_operating_activities, (filing_date, period_end))            AS operating_cash_flow,\n        argMax(abs(purchase_of_property_plant_and_equipment), (filing_date, period_end)) AS capex\n    FROM global_markets.stocks_cash_flow_statements\n    WHERE has(tickers, 'AAPL')\n      AND lower(timeframe) = 'annual'\n    GROUP BY fy\n    HAVING fy >= 2013\n)\nSELECT\n    toString(fy)                                                                       AS year,\n    round(toFloat64(dividends_paid) / 1e9, 1)                                          AS dividends_paid_billions,\n    round(toFloat64(operating_cash_flow - capex) / 1e9, 1)                             AS free_cash_flow_billions,\n    round(100 * toFloat64(dividends_paid) / toFloat64(operating_cash_flow - capex), 1) AS dividends_share_of_fcf_pct\nFROM annual_years\nORDER BY year","computed_at":"2026-08-22T04:00:48.056149+00:00","elapsed":0.144296155}