Trailing Dividend / Share
$3.23
Microsoft Corporation (MSFT) Dividend History
Income profile from 2003 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
0.8%
Payout Ratio
23.6%
Sustainable
Dividend Streak
20 years
MSFT Dividend Income Check
Safety
23.6% payout ratio with sustainable safety profile.
Consistency
20 straight years of dividend increases.
Income Trend
Yield on cost is 1.6% and trend is rising.
MSFT Dividend Scorecard
Yield & Income
Dividend Yield0.8%
Trailing DPS$3.23
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout23.6%
Earnings SafetySustainable
FCF Payout32.9%
FCF SafetyWell Covered
Piotroski F-Score6/9
Growth
Growth Streak20 years
3Y CAGR10.2%
5Y CAGR10.2%
Yield on Cost (5Y)1.6%
YOC Trendrising
Total Returns
Buyback Yield0.6%
Total Shareholder Yield1.4%
1Y Total Return-4.9%
5Y Total Return72.8%
Div Contribution (5Y)5.9%
Estimated $10K growth (return + dividends):
5Y ago$17,27610Y ago$87,08220Y ago$185,877
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
MSFT Income Growth Story
Dividend per share and yield on cost over time (24 years of payments)
MSFT Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Microsoft Corporation distributes 23.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 32.9%, rated "Well Covered".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
MSFT has raised its dividend for 20 consecutive years, with a 3-year CAGR of 10.2% and 5-year CAGR of 10.2%.
Total Shareholder Returns
Beyond cash dividends, MSFT returns capital through share repurchases. The combined picture: 0.8% dividend yield, 0.6% buyback yield, 1.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 1.6% and is currently rising. The 5-year total return is 72.8%, with dividends contributing 5.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $87,082 today.
MSFT Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$14.81
Avg/Payment$0.7405
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| May 21, 2026Latest | $0.9100 | — | 85.53% | Jun 11, 2026 |
| Feb 19, 2026 | $0.9100 | — | 87.34% | Mar 12, 2026 |
| Nov 20, 2025 | $0.9100 | ↑ +9.6% | 71.07% | Dec 11, 2025 |
| Aug 21, 2025 | $0.8300 | — | 65.84% | Sep 11, 2025 |
| May 15, 2025 | $0.8300 | — | 71.50% | Jun 12, 2025 |
| Feb 20, 2025 | $0.8300 | — | 75.94% | Mar 13, 2025 |
| Nov 21, 2024 | $0.8300 | ↑ +10.7% | 74.60% | Dec 12, 2024 |
| Aug 15, 2024 | $0.7500 | — | 71.25% | Sep 12, 2024 |
MSFT Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
0.8%
#4 of 7
Safety
Sustainable
23.6% payout
Streak
20Y
10.2% 5Y CAGR
Total Shareholder
1.4%
#5 of 7
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| MSFTMicrosoft Corporatio… | $3.1T | 0.8% | 23.6% | 20 | Sustainable |
 AAPLApple Inc. | $4.2T | 0.4% | 13.8% | 14 | Sustainable |
 GOOGLAlphabet Inc. | $4.7T | 0.2% | 7.6% | 2 | Sustainable |
 METAMeta Platforms, Inc. | $1.5T | 0.3% | 8.8% | 2 | Sustainable |
2nd  ORCLOracle Corporation | $533.2B | 0.9% | 38.1% | 18 | Sustainable |
3rd  CRMSalesforce, Inc. | $179.9B | 0.9% | 21.3% | 2 | Sustainable |
1st  SAPSAP SE | $200.9B | 1.5% | 37.4% | 2 | Sustainable |
MSFT Annual Dividend History (1989–2026)
38 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.82 | — | 2 | — | — | — | 0.8% |
| 2025 | $3.40 | 10.4% | 4 | $13.64 | 24.9% | 4.01x | 1.6% |
| 2024 | $3.08 | 10.4% | 4 | $11.80 | 26.1% | 3.83x | 1.4% |
| 2023 | $2.79 | 9.8% | 4 | $9.68 | 28.8% | 3.47x | 1.3% |
| 2022 | $2.54 | 10.4% | 4 | $9.65 | 26.3% | 3.80x | 1.2% |
| 2021 | $2.30 | 10.0% | 4 | $8.05 | 28.6% | 3.50x | 1.1% |
| 2020 | $2.09 | 3.8% | 4 | $5.76 | 36.3% | 2.76x | 1.0% |
| 2019 | $2.01 | 17.0% | 5 | $5.06 | 39.8% | 2.51x | 0.9% |
| 2018 | $1.72 | 8.2% | 4 | $2.13 | 80.8% | 1.24x | 0.8% |
| 2017 | $1.59 | 8.2% | 4 | $3.25 | 48.9% | 2.04x | 0.7% |
Full MSFT Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy MSFT Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See MSFT's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MSFT Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MSFT vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonMSFT — Frequently Asked Questions
Quick answers to the most common questions about buying MSFT stock.
How much dividend does MSFT pay per share?
Microsoft Corporation (MSFT) pays a trailing 12-month dividend of $3.23 per share, with a current dividend yield of +0.8%. Payments are made Semi-Annual.
When is MSFT's next ex-dividend date?
MSFT's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MSFT typically pays dividends Semi-Annual.
Is MSFT's dividend safe?
MSFT's dividend safety is rated "Sustainable" based on an earnings payout ratio of +23.6% and FCF payout ratio of +32.9%. With 20 consecutive years of dividend growth, the track record supports sustainability.
Is MSFT a Dividend Achiever?
Yes, Microsoft Corporation is classified as a Dividend Achiever with 20 consecutive years of dividend increases. The 5-year dividend CAGR is +10.2%, demonstrating above-inflation dividend growth.
How often does MSFT pay dividends?
Microsoft Corporation pays dividends Semi-Annual. The trailing 12-month total is $3.23 per share. Dividend data on this page covers 23+ years from 2003 to 2026.
How much would $10,000 invested in MSFT grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MSFT five years ago would be worth approximately $17,276 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MSFT's yield on cost for long-term holders?
MSFT's yield on cost — the current dividend divided by the original purchase price — is +1.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.8% market yield, thanks to consistent dividend growth.