APLD Stock — Applied Digital Corporation

Applied Digital Corporation (APLD)

APLD is a low-cost Stock. Fund total return is 81.3% over the past 24.1 years, 1269.0 points behind SPY at 1350.3%.

Applied Digital Corporation designs, develops, and operates digital infrastructure supporting high-performance computing and artificial intelligence workloads, including data center facilities in North America serving AI developers, machine learning companies, and other HPC customers. The company does not currently distribute dividends to shareholders. This infrastructure-focused business appeals primarily to growth-oriented investors rather than those seeking current income.

APLD performance versus SPY

Data as of August 28, 2026.

Fund total return is 81.3% over the past 24.1 years, 1269.0 points behind SPY at 1350.3%. Its deepest 1-year drawdown was 53.2%.

APLD key facts

Data as of August 28, 2026.

Asset type

Stock

Asset class

Equity

Inception date

07/22/2002

Distribution frequency

None

Last close

$25.34

Market cap

$7,639,243,776

Average volume

19704893.0

Beta

5.767

Payout ratio

0.0

Forward P/E

526.3158

EPS

$-0.91

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 28, 2026.

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

APLD risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 53.2%.

Who may consider APLD — and who may not

APLD may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (APLD does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions