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Microsoft Has Raised Its Dividend Every Year for More Than a Decade. History Provides Clues of How Big This Year's Raise Might Be.

The software giant's last six dividend increases all fell between 9% and 11%. But what will this year's raise look like?

Microsoft Has Raised Its Dividend Every Year for More Than a Decade. History Provides Clues of How Big This Year's Raise Might Be.

Published August 31, 2026 · Category: Finance

Overview

Microsoft (NASDAQ:MSFT) will send its shareholders their next dividend payment ($0.91 per share, declared on June 10) on Sept. 10. For most dividend stocks, that would be the least interesting data point of the month, because the payment arrives right at the time of year when the board has historically announced its annual increase. The latter is likely what dividend investors will care about more.

The software giant has raised its dividend every year for more than a decade -- 16 consecutive annual increases, all announced in September. The most recent came on Sept. 15, 2025, when the board brought the quarterly payment from $0.83 to $0.91 -- an increase of just under 10%.

Details

That track record is steady enough to support a real forecast. So let's make one.

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Source

Originally published at www.fool.com.

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