Microsoft (MSFT) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $3.64
- Forward yield
- 0.67%
- Payout ratio
- 21.1%
- Growth streak
- 5 years
Microsoft pays a quarterly dividend. Its most recent payment, $0.91 per share, had an ex-date of August 20, 2026 and was paid on September 10, 2026. Over the trailing twelve months, it paid $3.64 per share, a yield of about 0.70% at a share price of $517.53. The record already lists the next payment at $0.98, with an ex-date of November 19, 2026 and a pay date of December 10, 2026.
The record shows a steady annual rhythm. Microsoft has raised its dividend once a year, each time with the payment that goes ex-dividend in November. The rate went from $0.62 to $0.68 in 2022, then to $0.75 in 2023, $0.83 in 2024, $0.91 in 2025 and $0.98 in 2026. Raises ranged from six to eight cents, or about 7.7% to 10.7%. Since 2022, the quarterly rate has grown about 58%, close to 12% a year. Payments by calendar year rose from $2.54 in 2022 to $3.40 in 2025. The company has increased its dividend for five consecutive calendar years.
If the pattern holds, the payment after that would go ex-dividend in mid-February 2027 and be paid in March.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Sep 14, 2026 | Nov 19, 2026 | Dec 10, 2026 | $0.98 |
| Jun 10, 2026 | Aug 20, 2026 | Sep 10, 2026 | $0.91 |
| Mar 10, 2026 | May 21, 2026 | Jun 11, 2026 | $0.91 |
| Dec 2, 2025 | Feb 19, 2026 | Mar 12, 2026 | $0.91 |
| Sep 15, 2025 | Nov 20, 2025 | Dec 11, 2025 | $0.91 |
| Jun 10, 2025 | Aug 21, 2025 | Sep 11, 2025 | $0.83 |
| Mar 11, 2025 | May 15, 2025 | Jun 12, 2025 | $0.83 |
| Dec 3, 2024 | Feb 20, 2025 | Mar 13, 2025 | $0.83 |
| Sep 16, 2024 | Nov 21, 2024 | Dec 12, 2024 | $0.83 |
| Jun 12, 2024 | Aug 15, 2024 | Sep 12, 2024 | $0.75 |
| Mar 12, 2024 | May 15, 2024 | Jun 13, 2024 | $0.75 |
| Nov 28, 2023 | Feb 14, 2024 | Mar 14, 2024 | $0.75 |
| Sep 19, 2023 | Nov 15, 2023 | Dec 14, 2023 | $0.75 |
| Jun 13, 2023 | Aug 16, 2023 | Sep 14, 2023 | $0.68 |
| Mar 14, 2023 | May 17, 2023 | Jun 8, 2023 | $0.68 |
| Nov 29, 2022 | Feb 15, 2023 | Mar 9, 2023 | $0.68 |
| Sep 20, 2022 | Nov 16, 2022 | Dec 8, 2022 | $0.68 |
| Jun 14, 2022 | Aug 17, 2022 | Sep 8, 2022 | $0.62 |
| Mar 14, 2022 | May 18, 2022 | Jun 9, 2022 | $0.62 |
| Dec 7, 2021 | Feb 16, 2022 | Mar 10, 2022 | $0.62 |
Frequently asked questions
Does Microsoft (MSFT) pay a dividend?
Yes. Microsoft pays a quarterly dividend; the most recent payment was $0.98 per share.
What is MSFT's dividend yield?
Microsoft paid $3.64 per share over the trailing twelve months, a yield of 0.67% at the last price of $539.41. Click here to learn more
When is MSFT's next ex-dividend date?
Microsoft's next ex-dividend date is Nov 19, 2026, payable on Dec 10, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has MSFT been raising its dividend?
Yes — Microsoft has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.