Microsoft (MSFT) Dividend History & Yield
Microsoft (MSFT) has increased its dividend for 21 consecutive years and currently yields 0.93%. The most recent payment was $0.9100/share on May 21, 2026, paid Quarterly.
MSFT
Current Yield
0.93%
TTM Dividend/Share
$3.48
Payment Frequency
Quarterly
Payout Ratio
23.6%
Consecutive Growth Years
21
Div Growth (1Y CAGR)
10.39%
Div Growth (5Y CAGR)
10.22%
Div Growth (10Y CAGR)
10.18%
Dividend Safety Score
4 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 23.6%, well below the 75% threshold.
Free cash flow covers dividend
FCF/share ($9.63) covers dividend/share ($3.48).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have declined over the past 5 years.
10+ years of consecutive growth
21 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date May 21, 2026
- Payment date
- Jun 11, 2026
- Dividend
- $0.9100
- Adj. dividend
- $0.9100
- Yield (ex-date)
- 0.95%
Ex-date Feb 19, 2026
- Payment date
- Mar 12, 2026
- Dividend
- $0.9100
- Adj. dividend
- $0.9100
- Yield (ex-date)
- 0.87%
Ex-date Nov 20, 2025
- Payment date
- Dec 11, 2025
- Dividend
- $0.9100
- Adj. dividend
- $0.9100
- Yield (ex-date)
- 0.71%
Ex-date Aug 21, 2025
- Payment date
- Sep 11, 2025
- Dividend
- $0.8300
- Adj. dividend
- $0.8300
- Yield (ex-date)
- 0.66%
Ex-date May 15, 2025
- Payment date
- Jun 12, 2025
- Dividend
- $0.8300
- Adj. dividend
- $0.8300
- Yield (ex-date)
- 0.72%
Ex-date Feb 20, 2025
- Payment date
- Mar 13, 2025
- Dividend
- $0.8300
- Adj. dividend
- $0.8300
- Yield (ex-date)
- 0.76%
Ex-date Nov 21, 2024
- Payment date
- Dec 12, 2024
- Dividend
- $0.8300
- Adj. dividend
- $0.8300
- Yield (ex-date)
- 0.75%
Ex-date Aug 15, 2024
- Payment date
- Sep 12, 2024
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
- Yield (ex-date)
- 0.71%
Ex-date May 15, 2024
- Payment date
- Jun 13, 2024
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
- Yield (ex-date)
- 0.69%
Ex-date Feb 14, 2024
- Payment date
- Mar 14, 2024
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
- Yield (ex-date)
- 0.70%
Ex-date Nov 15, 2023
- Payment date
- Dec 14, 2023
- Dividend
- $0.7500
- Adj. dividend
- $0.7500
- Yield (ex-date)
- 0.75%
Ex-date Aug 16, 2023
- Payment date
- Sep 14, 2023
- Dividend
- $0.6800
- Adj. dividend
- $0.6800
- Yield (ex-date)
- 0.85%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| May 21, 2026 | Jun 11, 2026 | $0.9100 | $0.9100 | 0.95% |
| Feb 19, 2026 | Mar 12, 2026 | $0.9100 | $0.9100 | 0.87% |
| Nov 20, 2025 | Dec 11, 2025 | $0.9100 | $0.9100 | 0.71% |
| Aug 21, 2025 | Sep 11, 2025 | $0.8300 | $0.8300 | 0.66% |
| May 15, 2025 | Jun 12, 2025 | $0.8300 | $0.8300 | 0.72% |
| Feb 20, 2025 | Mar 13, 2025 | $0.8300 | $0.8300 | 0.76% |
| Nov 21, 2024 | Dec 12, 2024 | $0.8300 | $0.8300 | 0.75% |
| Aug 15, 2024 | Sep 12, 2024 | $0.7500 | $0.7500 | 0.71% |
| May 15, 2024 | Jun 13, 2024 | $0.7500 | $0.7500 | 0.69% |
| Feb 14, 2024 | Mar 14, 2024 | $0.7500 | $0.7500 | 0.70% |
| Nov 15, 2023 | Dec 14, 2023 | $0.7500 | $0.7500 | 0.75% |
| Aug 16, 2023 | Sep 14, 2023 | $0.6800 | $0.6800 | 0.85% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
Microsoft has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 21 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $3.4000 | — | — |
| 2025 | $3.0800 | $3.4000 | +10.4% |
| 2024 | $2.7900 | $3.0800 | +10.4% |
| 2023 | $2.5400 | $2.7900 | +9.8% |
| 2022 | $2.3000 | $2.5400 | +10.4% |
| 2021 | $2.0900 | $2.3000 | +10.0% |
| 2020 | $1.8900 | $2.0900 | +10.6% |
| 2019 | $1.7200 | $1.8900 | +9.9% |
| 2018 | $1.5900 | $1.7200 | +8.2% |
| 2017 | $1.4700 | $1.5900 | +8.2% |
| 2016 | $1.2900 | $1.4700 | +14.0% |
| 2015 | $1.1500 | $1.2900 | +12.2% |
| 2014 | $0.9700 | $1.1500 | +18.6% |
| 2013 | $0.8300 | $0.9700 | +16.9% |
| 2012 | $0.6800 | $0.8300 | +22.1% |
| 2011 | $0.5500 | $0.6800 | +23.6% |
| 2010 | $0.5200 | $0.5500 | +5.8% |
| 2009 | $0.4600 | $0.5200 | +13.0% |
| 2008 | $0.4100 | $0.4600 | +12.2% |
| 2007 | $0.3700 | $0.4100 | +10.8% |
| 2006 | $0.3200 | $0.3700 | +15.6% |
| 2005 | — | $0.3200 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does Microsoft pay dividends?
- Yes, Microsoft (MSFT) pays quarterly dividends of approximately $3.48 per share annually, yielding 0.93%.
What is Microsoft's dividend yield?
- Microsoft (MSFT) has a current dividend yield of 0.93%.
Is Microsoft's dividend safe?
- Microsoft (MSFT) passes 4 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Microsoft increased its dividend?
- Microsoft (MSFT) has 21 consecutive years of dividend increases.
What is Microsoft's dividend payout ratio?
- Microsoft (MSFT) has a dividend payout ratio of 23.6%.
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