AMAT vs MSFT: Which Is the Better Dividend Stock?
As of Nov 5, 2026, AMAT and MSFT are closely matched. MSFT offers the higher yield at 0.71%, MSFT has the higher dividend-safety score, and AMAT looks like the better value (its fair-value estimate is 37% below its share price).
Key facts: AMAT vs MSFT
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Microsoft Corporation (MSFT) has the higher forward dividend yield at 0.71%, versus 0.57% for Applied Materials, Inc. (AMAT).
- As of Nov 5, 2026, SmarterDividends grades AMAT's dividend safety A (96/100) and MSFT's A (97/100).
- By SmarterDividends' count as of Nov 5, 2026, AMAT has raised its dividend for 8 consecutive years and MSFT for 20.
- As of Nov 5, 2026, AMAT pays out 16% of its earnings as dividends and MSFT pays out 19%.
- As of Nov 5, 2026, AMAT's fair-value estimate is 37% below its share price and MSFT's fair-value estimate is 41% below its share price, so AMAT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "AMAT vs MSFT: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/amat-vs-msft
| Metric | AMAT | MSFT |
|---|---|---|
| Forward yield | 0.57% | 0.71% |
| Annual dividend | $2.12 | $3.92 |
| Payout ratio | 16% | 19% |
| Years of growth | 8 yr | 20 yr |
| 5-yr dividend growth | 15.4% | 10.2% |
| 5-yr total return | 165% | 58% |
| Dividend safety score | 96 (A) | 97 (A) |
| Fair value estimate | $209.20 | $318.13 |
| Upside to fair value | -37% | -41% |
| Frequency | quarterly | quarterly |
| Market cap | $265.3B | $4.0T |
| P/E ratio | 28.8 | 28.3 |
Higher yield
MSFT
0.71%
Safer dividend
MSFT
Grade A
Faster growth
AMAT
15.4%
Better value
AMAT
-37% upside
AMAT vs MSFT — FAQ
Is AMAT or MSFT a better dividend stock?
AMAT and MSFT are closely matched. MSFT has the higher yield; MSFT scores better on safety.
Which has a higher dividend yield, AMAT or MSFT?
MSFT has the higher forward dividend yield at 0.71%, versus 0.57% for AMAT.
Is AMAT or MSFT safer?
MSFT has the higher dividend-safety score (97/100 vs 96/100), reflecting stronger payout coverage and dividend-growth history.
Is AMAT or MSFT better value right now?
As of Nov 5, 2026, AMAT looks like the better value: its fair-value estimate is 37% below its share price (overvalued). For MSFT, its fair-value estimate is 41% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.