Microsoft As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
MSFT $3.00 10.3% 9.7% 10.7%
Business yield Hike yrs 5 yr CAGR freq. paid since
Software & Cloud 0.9% 21 10.3% Quarter 2003
Microsoft hikes dividend by 9.7%

On September 20, 2022, Microsoft (MSFT) declared a $0.68 per share quarterly dividend, up 9.7% from the previous quarterly dividend of $0.62 per share. Last year MSFT hiked its dividend by 10.7%.

This marks 20 consecutive years of dividend increases by the technology company. The dividend is payable Dec. 8, 2022, to shareholders of record on Nov. 17, 2022. The ex-dividend date will be Nov. 16, 2022.

Microsoft Corporation is a technology company. The company develops, licenses, and supports software products, services and devices. The company's products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; and video games. Microsoft also manufactures devices, including PCs, tablets, gaming and entertainment consoles, other intelligent devices, and related accessories.The company offers an array of services, including cloud-based solutions that provide customers with software, services, platforms, and content. Microsoft also provides solution support and consulting services and delivers relevant online advertising to a global audience. Microsoft was founded in 1975 and has paid a dividend every year since 2003.