AMAT vs MSFT: Which Is the Better Dividend Stock?
As of July 2026, AMAT and MSFT are closely matched. MSFT offers the higher yield at 0.92%, AMAT has the higher dividend-safety score, and MSFT trades at the larger discount to fair value (-10%).
| Metric | AMAT | MSFT |
|---|---|---|
| Forward yield | 0.40% | 0.92% |
| Annual dividend | $2.12 | $3.64 |
| Payout ratio | 17% | 21% |
| Years of growth | 8 yr | 20 yr |
| 5-yr dividend growth | 15.4% | 10.2% |
| 5-yr total return | 292% | 30% |
| Dividend safety score | 94 (A) | 91 (A) |
| Fair value estimate | $255.11 | $354.91 |
| Upside to fair value | -52% | -10% |
| Frequency | quarterly | quarterly |
| Market cap | $417.4B | $3.0T |
| P/E ratio | 49.7 | 23.5 |
Higher yield
MSFT
0.92%
Safer dividend
AMAT
Grade A
Faster growth
AMAT
15.4%
Better value
MSFT
-10% upside
AMAT vs MSFT — FAQ
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