Microsoft (MSFT) dividend history
Microsoft paid $26.4B in dividends in fiscal 2026, about $3.55 per share.
Dividends per share grew 11.7% a year over 14 years, rising in each of the last 14 years.
That took 39% of free cash flow and 20% of net income.
At today's price the trailing yield is 0.65%.
Dividends by fiscal year
Dividends paid from the cash flow statement in Microsoft's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).
| Fiscal year | Per share | Growth | Total paid | % of free cash flow | % of net income |
|---|---|---|---|---|---|
| 2026 | $3.55 | +10.0% | $26.4B | 39% | 20% |
| 2025 | $3.23 | +10.7% | $24.1B | 34% | 24% |
| 2024 | $2.91 | +10.0% | $21.8B | 29% | 25% |
| 2023 | $2.65 | +10.2% | $19.8B | 33% | 27% |
| 2022 | $2.41 | +10.8% | $18.1B | 28% | 25% |
| 2021 | $2.17 | +10.2% | $16.5B | 29% | 27% |
| 2020 | $1.97 | +10.6% | $15.1B | 33% | 34% |
| 2019 | $1.78 | +9.3% | $13.8B | 36% | 35% |
| 2018 | $1.63 | +7.7% | $12.7B | 39% | 77% |
| 2017 | $1.51 | +10.1% | $11.8B | 38% | 46% |
| 2016 | $1.37 | +14.7% | $11.0B | 44% | 54% |
| 2015 | $1.20 | +13.3% | $9.9B | 42% | 81% |
| 2014 | $1.06 | +20.1% | $8.9B | 33% | 40% |
| 2013 | $0.88 | +17.3% | $7.5B | 30% | 34% |
| 2012 | $0.75 | — | $6.4B | 22% | 38% |
Dividend calculator · Highest dividend yields · What the payout ratio tells you
Questions
Does Microsoft pay a dividend?
Microsoft paid $26.4B in dividends in fiscal 2026, about $3.55 per share.
How fast has Microsoft's dividend grown?
Dividends per share grew 11.7% a year over 14 years, rising in each of the last 14 years.
From Microsoft's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.