Microsoft (MSFT) hikes dividend by 7.7%

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Microsoft (MSFT) raised its quarterly dividend by 7.7% to $0.98 per share on September 15, 2026. It is Microsoft's 24th consecutive year of dividend growth, but also its smallest increase since 2017.

The new quarterly payout equals $3.92 per share annually and gives Microsoft a dividend yield of approximately 0.8% at a share price of $498. The ex-dividend date is November 19, 2026.

MSFT DIVIDEND TRACK RECORD
Annual dividend increases (%)
24 YEARS
© dividendtrackrecords.com
Last update: September 15, 2026

The 7.7% increase is Microsoft's smallest dividend hike since 2017, when the company also raised its payout by 7.7%. Recent annual increases had remained close to or above 10%, including hikes of 10.7% in 2024, 10.3% in 2023 and 10.7% in 2021.

With the latest increase, Microsoft's five- and ten-year dividend growth rates fall below 10% for the first time in years. The company nevertheless maintains one of the longer active dividend growth records in the technology sector, with 24 consecutive years of increases.

Microsoft is also a Dividend Hero. At the new $0.98 quarterly rate, the company is set to distribute approximately $29.1 billion in dividends annually.

Microsoft Corporation is a global technology company whose businesses include cloud computing, enterprise and productivity software, operating systems, gaming, artificial intelligence and related hardware and services.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making any investment decisions.

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