
Microsoft Corporation
MSFT20 yrs growthTechnology · Software - Infrastructure · Stock · quarterly payer
Forward Yield
0.74%
Annual Dividend
$3.92
Payout Ratio
20%
5-Yr Growth
10.2%
Ex-Date
Nov 19, 2026
Frequency
Quarterly
Key facts about MSFT's dividend
Data as of · Source: SmarterDividends data
- As of Oct 19, 2026, Microsoft Corporation (MSFT) has a forward dividend yield of 0.74%, based on an annual dividend of $3.92 per share and a share price of $529.05.
- As of Oct 19, 2026, MSFT's dividend safety grade from SmarterDividends is A (97 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Microsoft Corporation (MSFT) has raised its dividend for 20 consecutive years as of Oct 19, 2026.
- MSFT has never cut its regular dividend in the payment history SmarterDividends has on record.
- MSFT's next ex-dividend date is Nov 19, 2026, with payment on Dec 10, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 19, 2026, MSFT pays out 20% of its trailing 12-month earnings as dividends (its payout ratio).
- MSFT's dividend has grown at an average rate of 10.2% a year over the past five years.
- As of Oct 19, 2026, MSFT's 0.74% yield is 10% below its five-year average yield of 0.82%.
- As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for MSFT is $308.36 per share, 42% below the $529.05 share price, so MSFT screens as overvalued.
- Microsoft Corporation (MSFT) pays its dividend quarterly, 4 times a year.
- Microsoft Corporation (MSFT) has raised its regular dividend 20 times and cut it 0 times across the 91 payments on record since 2003. Its most recent change was a 9.6% increase to $0.910 per share, going ex-dividend on Nov 20, 2025.
Cite this page
SmarterDividends, "MSFT Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/MSFT
Summary
As of Oct 19, 2026, Microsoft Corporation (MSFT) yields 0.74% ($3.92 a year per share), has a dividend safety grade of A (97/100) and has 20 consecutive years of dividend increases on record.
Is MSFT a good dividend stock?
YesMicrosoft Corporation (MSFT) pays a quarterly dividend yielding 0.74% ($3.92/yr), with 20 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 20 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (20%)
- Strong 10.2% 5-yr dividend growth
- 60% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.74%
- Payout Ratio
- 20%
- Annual Dividend
- $3.92
- 5-Yr Avg Growth
- 10.2%
- Ex-Dividend Date
- Nov 19, 2026
- Years of Growth
- 20
- Frequency
- quarterly
- Beta
- 1.10
- Market Cap
- $3.9T
- P/E Ratio
- 29.5
- 5-Yr Total Return
- 60%
- 52-Week Range
- $349.20 – $553.72
- Dividend Safety
- A · 97/100
- Ever Cut?
- No
MSFT dividend raises and cuts
Microsoft Corporation (MSFT) has raised its regular dividend 20 times and cut it 0 times across the 91 payments on record since 2003. Its most recent change was a 9.6% increase to $0.910 per share, going ex-dividend on Nov 20, 2025.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 20, 2025 | Raise | $0.830 → $0.910 | +9.6% |
| Nov 21, 2024 | Raise | $0.750 → $0.830 | +10.7% |
| Nov 15, 2023 | Raise | $0.680 → $0.750 | +10.3% |
| Nov 16, 2022 | Raise | $0.620 → $0.680 | +9.7% |
| Nov 17, 2021 | Raise | $0.560 → $0.620 | +10.7% |
| Nov 18, 2020 | Raise | $0.510 → $0.560 | +9.8% |
| Nov 20, 2019 | Raise | $0.460 → $0.510 | +10.9% |
| Nov 14, 2018 | Raise | $0.420 → $0.460 | +9.5% |
| Nov 15, 2017 | Raise | $0.390 → $0.420 | +7.7% |
| Nov 15, 2016 | Raise | $0.360 → $0.390 | +8.3% |
| Nov 17, 2015 | Raise | $0.310 → $0.360 | +16.1% |
| Nov 18, 2014 | Raise | $0.280 → $0.310 | +10.7% |
Show all 20 changes since 2006
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Nov 19, 2013 | Raise | $0.230 → $0.280 | +21.7% |
| Nov 13, 2012 | Raise | $0.200 → $0.230 | +15.0% |
| Nov 15, 2011 | Raise | $0.160 → $0.200 | +25.0% |
| Nov 16, 2010 | Raise | $0.130 → $0.160 | +23.1% |
| Nov 18, 2008 | Raise | $0.110 → $0.130 | +18.2% |
| Nov 13, 2007 | Raise | $0.100 → $0.110 | +10.0% |
| Nov 14, 2006 | Raise | $0.0900 → $0.100 | +11.1% |
| Feb 15, 2006 | Raise | $0.0800 → $0.0900 | +12.5% |
Frequently Asked Questions
Is MSFT a good dividend stock?
Yes. Microsoft Corporation (MSFT) pays a quarterly dividend yielding 0.74% ($3.92/yr), with 20 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is MSFT undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MSFT's fair value is about $308.36 versus a $529.05 share price — so it looks overvalued (-42% vs. fair value).
Is MSFT's dividend safe?
MSFT has a dividend-safety grade of A (97/100), based on its payout coverage, free-cash-flow, 20-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is MSFT's fair value?
Our blended fair-value estimate for MSFT is about $308.36 per share, about 42% below the current $529.05 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is MSFT a buy, hold, or sell?
We don't issue formal ratings, but on the data MSFT screens as "yes" and overvalued. Microsoft Corporation (MSFT) pays a quarterly dividend yielding 0.74% ($3.92/yr), with 20 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will MSFT cut its dividend?
MSFT earns a dividend-safety grade of A (97/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does MSFT pay a dividend?
Yes. Microsoft Corporation pays a quarterly dividend of about $3.92 per share annually, a forward yield of roughly 0.74%.
What is MSFT's dividend yield?
As of Oct 19, 2026, MSFT's forward dividend yield is 0.74%, based on a $3.92 annual dividend and a $529.05 share price.
What is MSFT's dividend per share?
As of Oct 19, 2026, MSFT pays $3.92 per share per year, distributed on a quarterly basis.
What is MSFT's dividend payout ratio?
As of Oct 19, 2026, MSFT's payout ratio is 20% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has MSFT grown its dividend?
As of Oct 19, 2026, MSFT has increased its dividend for 20 consecutive years.
When is the next MSFT ex-dividend date?
As of Oct 19, 2026, the next ex-dividend date on record for MSFT is Nov 19, 2026.
MSFT Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
+40%
5 Years
+60%
52-Week Range
$349.20 – $553.72
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MSFT worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Microsoft Corporation is $308.36 per share, versus a market price of $529.05. That implies 42% of downside.
Fair Value
$308.36
Current Price
$529.05
Downside
-42%
Margin of Safety
-72%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 28.4% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 9.8% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $17.95 EPS, $3.92 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MSFT Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full MSFT dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 20, 2026 | Sep 10, 2026 | $0.9100 | regular |
| May 21, 2026 | Jun 11, 2026 | $0.9100 | regular |
| Feb 19, 2026 | Mar 12, 2026 | $0.9100 | regular |
| Nov 20, 2025 | Dec 11, 2025 | $0.9100 | regular |
| Aug 21, 2025 | Sep 11, 2025 | $0.8300 | regular |
| May 15, 2025 | Jun 12, 2025 | $0.8300 | regular |
| Feb 20, 2025 | Mar 13, 2025 | $0.8300 | regular |
| Nov 21, 2024 | Dec 12, 2024 | $0.8300 | regular |
| Aug 15, 2024 | Sep 12, 2024 | $0.7500 | regular |
| May 15, 2024 | Jun 13, 2024 | $0.7500 | regular |
| Feb 14, 2024 | Mar 14, 2024 | $0.7500 | regular |
| Nov 15, 2023 | Dec 14, 2023 | $0.7500 | regular |
| Aug 16, 2023 | Sep 14, 2023 | $0.6800 | regular |
| May 17, 2023 | Jun 8, 2023 | $0.6800 | regular |
Income Calculator
At $3.92 / yr per share
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