The quarterly payment has risen from $0.83 to $0.91 and now $0.98. The company-stated increase eased from 10% to 8%; payment is due December 10, 2026.
Microsoft raised its quarterly dividend to $0.98 a share from $0.91 on September 15, 2026. The 7-cent increase is smaller than the 8-cent increase announced a year earlier. The company's stated percentage increase also eased, from 10% last year to 8% this year.
A smaller step after two 8-cent increases
Microsoft's last three September dividend increases took the quarterly payment from $0.83 to $0.91 and then $0.98. The board added 8 cents in both 2024 and 2025, followed by 7 cents in 2026.
| Increase announced | Quarterly dividend per share | Increase from prior quarter | Company-stated increase |
|---|---|---|---|
| September 16, 2024 | $0.83 | $0.08 | 10% |
| September 15, 2025 | $0.91 | $0.08 | 10% |
| September 15, 2026 | $0.98 | $0.07 | 8% |
Each payment in the table covers one quarter, not a full year. Percentage increases are reproduced as reported by Microsoft in each announcement.
The latest release did not explain why the increment was smaller. It did not attribute the change to operating performance or investment spending.
November ex-dividend date, December payment
The new $0.98 dividend is payable on December 10, 2026. Both the record date and ex-dividend date are November 19, using the U.S. dates in Microsoft's announcement.
Sources
Microsoft — 2026 dividend increase