A toothpaste dispensing apparatus includes a base. A housing is attached to and extends upwardly from the base. The housing includes a peripheral wall that has an upper edge defining an opening. A toothpaste tube squeezing assembly is mounted within the housing and is adapted for selectively ejecting toothpaste out of a tube of toothpaste. A cover is hingedly attached to the upper edge of the housing. A flange is attached to and extends outwardly away from the cover. The cover has a dispensing conduit therein. The dispending conduit includes a receiving opening extending upwardly into the cover and an ejecting opening extending downwardly from the flange. The tube may be fluidly coupled to the receiving opening when the cover is placed in a closed position such that toothpaste flows into the receiving opening and outwardly through the ejecting opening when the toothpaste is ejected out of the tube.