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

Microsoft is expected to announce a dividend increase in September 2026, likely raising its quarterly payment from $0.91 to approximately $1.00 per share, representing a ~10% increase consistent with its last six annual raises. Despite significant capital expenditures of $115.9 billion for AI data center construction, the company's strong earnings growth (31% net income increase) and manageable payout ratio (~20% of earnings) make the dividend easily sustainable.