What is the current annual payout ratio of MSFT?

As of today, MSFT annual payout ratio is 19.77%

What is 1-year change in MSFT annual payout ratio?

MSFT annual payout ratio is down -16.41% year-over-year

What is 3-year change in MSFT annual payout ratio?

MSFT annual payout ratio is down -27.74% over the past 3 years

How far is MSFT annual payout ratio from its all-time high?

MSFT annual payout ratio is currently -93.29% below its historical high of 294.70% set on June 30, 2005

How does MSFT annual payout ratio rank versus sector peers?

MSFT annual payout ratio is higher than 88.39% of companies in Technology sector

When is MSFT next annual earnings release?

As of today, the next annual earnings release for MSFT has not been scheduled

What is the current TTM payout ratio of MSFT?

As of today, MSFT TTM payout ratio is 25.58%

What is MSFT TTM payout ratio most recent change?

MSFT TTM payout ratio remained unchanged on November 11, 2026

What is 1-year change in MSFT TTM payout ratio?

MSFT TTM payout ratio is up +8.30% year-over-year

How far is MSFT TTM payout ratio from its all-time high?

MSFT TTM payout ratio is currently -94.01% below its historical high of 427.03% set on November 15, 2004

How does MSFT TTM payout ratio rank versus sector peers?

MSFT TTM payout ratio is higher than 90.57% of companies in Technology sector

When is MSFT next earnings release?

The next earnings release for MSFT is on January 27, 2027

When is MSFT next earnings release?

The next earnings release for MSFT is on January 27, 2027

MSFT Payout Ratio History & Chart Since 1985

Annual Payout Ratio

19.77%3.88%-16.41%

June 30, 2026

Summary

Current Value: As of today, MSFT annual payout ratio is 19.77%, down -16.41% on June 30, 2026
Historical Performance: MSFT annual payout ratio is down -27.74% over the past 3 years, down -26.67% over the past 5 years
All-Time High Comparison: MSFT annual payout ratio is currently -93.29% below its historical high of 294.70% set on June 30, 2005
3-Year Low Comparison: MSFT annual payout ratio is at its 3-year low
Sector Comparison: MSFT annual payout ratio is higher than 88.39% of companies in Technology sector

Payout Ratio Chart

Performance

MSFT Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Payout Ratio	Jun 30, 26	19.77%	-16.4%	-27.7%	-26.7%	-11.7%
Quarterly Payout Ratio	Sep 30, 26	-	–	–	–	–
TTM Payout Ratio	Nov 11, 26	25.58%	+8.3%	-2.9%	+2.2%	+9.9%
Price	Nov 11, 26	$521.13	+2.5%	+41.0%	+56.8%	+1836.5%
Annual Dividend Yield	Nov 11, 26	0.68%	+6.3%	-5.6%	+3.0%	-70.0%
Annual Dividends Paid	Jun 30, 26	$26.45B	+9.8%	+33.6%	+60.1%	+410.5%
Annual Dividend	Jun 30, 26	$3.56	+9.9%	+33.8%	+62.6%	+483.6%
Annual Free Cash Flow	Jun 30, 26	$66.99B	-6.5%	+12.6%	+19.4%	+171.9%
Annual Revenue	Jun 30, 26	$331.84B	+17.8%	+56.6%	+97.4%	+374.4%
Annual EPS	Jun 30, 26	$17.95	+31.6%	+85.3%	+122.8%	+567.1%

Payout Ratio Highs

MSFT Annual Payout Ratio Highs Comparison
Period	High	Date	Current
3Y	27.36%	N/A	-27.7%
5Y	27.36%	Jun 30, 23	-27.7%
All	294.70%	Jun 30, 05	-93.3%

Payout Ratio Lows

MSFT Annual Payout Ratio Lows Comparison
Period	Low	Date	Current
3Y	19.77%	Jun 30, 26	at low
5Y	19.77%	Jun 30, 26	at low
All	0.00%	Jun 1, 85	N/A

Payout Ratio History

Year	Value	Change
2026	19.77%	-16.4%
2025	23.65%	-4.3%
2024	24.70%	-9.7%
2023	27.36%	+9.7%
2022	24.93%	-7.5%
2021	26.96%	-21.1%
2020	34.18%	-2.9%
2019	35.20%	-54.1%
2018	76.63%	+64.9%
2017	46.47%	-29.1%
2016	65.52%	-19.2%
2015	81.05%	+101.5%
2014	40.22%	+17.9%
2013	34.10%	-9.3%
2012	37.61%	+68.1%
2011	22.38%	-8.3%
2010	24.40%	-20.4%
2009	30.67%	+35.1%
2008	22.71%	-16.0%
2007	27.05%	-3.9%
2006	28.14%	-90.5%

Year	Value	Change
2005	294.70%	+1,292.1%
2004	21.17%	+146.7%
2003	8.58%	>+9,900.0%
2002	0.00%	0.0%
2001	0.00%	-100.0%
2000	0.14%	-61.1%
1999	0.36%	-41.9%
1998	0.62%	+44.2%
1997	0.43%	>+9,900.0%
1996	0.00%	0.0%
1995	0.00%	0.0%
1994	0.00%	0.0%
1993	0.00%	0.0%
1992	0.00%	0.0%
1991	0.00%	0.0%
1990	0.00%	0.0%
1989	0.00%	0.0%
1988	0.00%	0.0%
1987	0.00%	0.0%
1986	0.00%	0.0%
1985	0.00%	-

FAQ

What is the current annual payout ratio of MSFT?: As of today, MSFT annual payout ratio is 19.77%
What is 1-year change in MSFT annual payout ratio?: MSFT annual payout ratio is down -16.41% year-over-year
What is 3-year change in MSFT annual payout ratio?: MSFT annual payout ratio is down -27.74% over the past 3 years
How far is MSFT annual payout ratio from its all-time high?: MSFT annual payout ratio is currently -93.29% below its historical high of 294.70% set on June 30, 2005
How does MSFT annual payout ratio rank versus sector peers?: MSFT annual payout ratio is higher than 88.39% of companies in Technology sector
When is MSFT next annual earnings release?: As of today, the next annual earnings release for MSFT has not been scheduled

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

TTM Payout Ratio

25.58%0.00%0.00%

107 min ago

Summary

Current Value: As of today, MSFT TTM payout ratio is 25.58%, unchanged on November 11, 2026
Historical Performance: MSFT TTM payout ratio is up +8.30% year-over-year, down -2.89% over the past 3 years
All-Time High Comparison: MSFT TTM payout ratio is currently -94.01% below its historical high of 427.03% set on November 15, 2004
3-Year Low Comparison: MSFT TTM payout ratio is +62.10% above its 3-year low of 15.78% reached on May 15, 2026
Sector Comparison: MSFT TTM payout ratio is higher than 90.57% of companies in Technology sector

Performance

MSFT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
TTM Payout Ratio	Nov 11, 26	25.58%	+28.9%	+8.3%	-2.9%	+2.2%
Quarterly Payout Ratio	Sep 30, 26	-	–	–	–	–
Annual Payout Ratio	Jun 30, 26	19.77%	–	-16.4%	-27.7%	-26.7%
Price	Nov 11, 26	$521.13	+3.4%	+2.5%	+41.0%	+56.8%
TTM Dividend Yield	Nov 11, 26	0.70%	-1.4%	+7.7%	-5.4%	+4.5%
TTM Dividends Paid	Sep 30, 26	$27.03B	+2.2%	+9.6%	+33.6%	+60.2%
TTM Dividend	Nov 11, 26	$3.64	+2.3%	+9.6%	+33.8%	+62.5%
TTM Free Cash Flow	Sep 30, 26	$59.96B	-10.5%	-23.1%	-5.2%	-0.8%
TTM Revenue	Sep 30, 26	-	–	–	–	–
TTM EPS	Sep 30, 26	$14.23	-20.7%	+1.2%	+37.8%	+59.1%

TTM Payout Ratio Highs

MSFT TTM Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	30.09%	Nov 20, 25	-15.0%
3Y	33.60%	Nov 15, 23	-23.9%
5Y	35.80%	Feb 15, 23	-28.6%
All	427.03%	Nov 15, 04	-94.0%

TTM Payout Ratio Lows

MSFT TTM Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	15.78%	May 15, 26	+62.1%
3Y	15.78%	May 15, 26	+62.1%
5Y	15.78%	May 15, 26	+62.1%
All	0.00%	Mar 13, 86	N/A

TTM Payout Ratio History

Month	Value	Change
Nov 2026	25.58%	+28.9%
Jun 2026	19.84%	-4.3%
Mar 2026	20.73%	-2.5%
Dec 2025	21.27%	-9.9%
Sep 2025	23.62%	-0.5%
Jun 2025	23.75%	-2.7%
Mar 2025	24.42%	-1.6%
Dec 2024	24.81%	+0.2%
Sep 2024	24.76%	-0.3%
Jun 2024	24.83%	+0.2%
Mar 2024	24.78%	-1.8%
Dec 2023	25.23%	-4.2%
Sep 2023	26.34%	-4.1%
Jun 2023	27.47%	-2.5%
Mar 2023	28.18%	-0.2%
Dec 2022	28.24%	+5.7%
Sep 2022	26.72%	+6.5%
Jun 2022	25.09%	+1.9%
Mar 2022	24.62%	+0.6%
Dec 2021	24.47%	-2.3%
Sep 2021	25.04%	-7.9%
Jun 2021	27.19%	-6.6%
Mar 2021	29.12%	-6.5%
Dec 2020	31.13%	-5.4%
Sep 2020	32.91%	-4.7%
Jun 2020	34.55%	+7.0%
Mar 2020	32.30%	-1.8%
Dec 2019	32.90%	-5.1%
Sep 2019	34.65%	-2.4%
Jun 2019	35.50%	-9.2%
Mar 2019	39.11%	-2.0%
Dec 2018	39.91%	-42.7%
Sep 2018	69.71%	-10.9%
Jun 2018	78.20%	-3.5%
Mar 2018	81.00%	-10.9%
Dec 2017	90.86%	+96.3%
Sep 2017	46.29%	-1.7%
Jun 2017	47.08%	-18.1%
Mar 2017	57.47%	-6.9%
Dec 2016	61.76%	-5.6%
Sep 2016	65.45%	-1.6%
Jun 2016	66.51%	-35.5%
Mar 2016	103.08%	+15.1%
Dec 2015	89.58%	+10.5%
Sep 2015	81.05%	-2.2%
Jun 2015	82.88%	+69.3%
Mar 2015	48.96%	+5.6%
Dec 2014	46.37%	+5.6%
Sep 2014	43.92%	+8.0%
Jun 2014	40.68%	+6.5%
Mar 2014	38.20%	+6.7%
Dec 2013	35.79%	+4.6%
Sep 2013	34.20%	-0.1%
Jun 2013	34.23%	-22.4%
Mar 2013	44.10%	-2.8%
Dec 2012	45.36%	+4.9%
Sep 2012	43.24%	+13.8%
Jun 2012	38.00%	+45.1%
Mar 2012	26.18%	+6.3%
Dec 2011	24.64%	+5.9%
Sep 2011	23.27%	+2.6%
Jun 2011	22.68%	-1.9%
Mar 2011	23.11%	-1.2%
Dec 2010	23.40%	+4.4%
Sep 2010	22.41%	-9.5%
Jun 2010	24.76%	-8.1%
Mar 2010	26.94%	-6.2%
Dec 2009	28.73%	-14.9%
Sep 2009	33.77%	+9.4%
Jun 2009	30.86%	+11.9%
Mar 2009	27.59%	+12.8%

Month	Value	Change
Dec 2008	24.47%	+6.2%
Sep 2008	23.04%	+0.7%
Jun 2008	22.87%	-5.8%
Mar 2008	24.28%	+4.2%
Dec 2007	23.30%	-11.5%
Sep 2007	26.32%	-4.2%
Jun 2007	27.46%	+0.4%
Mar 2007	27.34%	-12.8%
Dec 2006	31.36%	+12.9%
Sep 2006	27.78%	-1.9%
Jun 2006	28.33%	+8.2%
Mar 2006	26.19%	-1.8%
Dec 2005	26.67%	-90.5%
Sep 2005	281.36%	-5.1%
Jun 2005	296.43%	-5.8%
Mar 2005	314.56%	-8.4%
Dec 2004	343.48%	+959.1%
Sep 2004	32.43%	+52.0%
Jun 2004	21.33%	-9.3%
Mar 2004	23.53%	-39.7%
Dec 2003	39.02%	+123.1%
Sep 2003	17.49%	+1.1%
Jun 2003	17.30%	-4.3%
Mar 2003	18.08%	>+9,900.0%
Dec 2002	0.00%	0.0%
Sep 2002	0.00%	0.0%
Jun 2002	0.00%	0.0%
Mar 2002	0.00%	0.0%
Dec 2001	0.00%	0.0%
Sep 2001	0.00%	0.0%
Jun 2001	0.00%	0.0%
Mar 2001	0.00%	0.0%
Dec 2000	0.00%	0.0%
Sep 2000	0.00%	0.0%
Jun 2000	0.00%	0.0%
Mar 2000	0.00%	0.0%
Dec 1999	0.00%	0.0%
Sep 1999	0.00%	0.0%
Jun 1999	0.00%	0.0%
Mar 1999	0.00%	0.0%
Dec 1998	0.00%	0.0%
Sep 1998	0.00%	0.0%
Jun 1998	0.00%	0.0%
Mar 1998	0.00%	0.0%
Dec 1997	0.00%	0.0%
Sep 1997	0.00%	0.0%
Jun 1997	0.00%	0.0%
Mar 1997	0.00%	0.0%
Dec 1996	0.00%	0.0%
Sep 1996	0.00%	0.0%
Jun 1996	0.00%	0.0%
Mar 1996	0.00%	0.0%
Dec 1995	0.00%	0.0%
Sep 1995	0.00%	0.0%
Jun 1995	0.00%	0.0%
Mar 1995	0.00%	0.0%
Dec 1994	0.00%	0.0%
Sep 1994	0.00%	0.0%
Jun 1994	0.00%	0.0%
Mar 1994	0.00%	0.0%
Dec 1993	0.00%	0.0%
Sep 1993	0.00%	0.0%
Jun 1993	0.00%	0.0%
Jun 1992	0.00%	0.0%
Jun 1991	0.00%	0.0%
Jun 1990	0.00%	0.0%
Jun 1989	0.00%	0.0%
Jun 1988	0.00%	0.0%
Jun 1987	0.00%	0.0%
Jun 1986	0.00%	-

FAQ

What is the current TTM payout ratio of MSFT?: As of today, MSFT TTM payout ratio is 25.58%
What is MSFT TTM payout ratio most recent change?: MSFT TTM payout ratio remained unchanged on November 11, 2026
What is 1-year change in MSFT TTM payout ratio?: MSFT TTM payout ratio is up +8.30% year-over-year
How far is MSFT TTM payout ratio from its all-time high?: MSFT TTM payout ratio is currently -94.01% below its historical high of 427.03% set on November 15, 2004
How does MSFT TTM payout ratio rank versus sector peers?: MSFT TTM payout ratio is higher than 90.57% of companies in Technology sector
When is MSFT next earnings release?: The next earnings release for MSFT is on January 27, 2027

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Quarterly Payout Ratio

N/A

September 30, 2026

Performance

MSFT Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Payout Ratio	Sep 30, 26	-	–	–	–	–
Annual Payout Ratio	Jun 30, 26	19.77%	–	-16.4%	-27.7%	-26.7%
TTM Payout Ratio	Nov 11, 26	25.58%	+28.9%	+8.3%	-2.9%	+2.2%
Price	Nov 11, 26	$521.13	+3.4%	+2.5%	+41.0%	+56.8%
TTM Dividend Yield	Nov 11, 26	0.70%	-1.4%	+7.7%	-5.4%	+4.5%
Quarterly Dividends Paid	Sep 30, 26	$6.76B	-0.0%	+9.5%	+33.8%	+60.6%
TTM Dividend	Nov 11, 26	$3.64	+2.3%	+9.6%	+33.8%	+62.5%
Quarterly Free Cash Flow	Sep 30, 26	$18.63B	-5.1%	-27.4%	-9.8%	-0.5%
Quarterly Revenue	Sep 30, 26	-	–	–	–	–
Quarterly EPS	Sep 30, 26	$0.00	-100.0%	-100.0%	-100.0%	-100.0%

Quarterly Payout Ratio Highs

MSFT Quarterly Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	22.23%	N/A	N/A
3Y	25.59%	Dec 31, 24	N/A
5Y	30.84%	Dec 31, 22	N/A
All	967.31%	Dec 31, 04	N/A

Quarterly Payout Ratio Lows

MSFT Quarterly Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	17.58%	Dec 31, 25	N/A
3Y	17.58%	Dec 31, 25	N/A
5Y	17.58%	Dec 31, 25	N/A
All	-341.06%	Jun 30, 12	N/A

Quarterly Payout Ratio History

Month	Value	Change
Jun 2026	18.90%	-11.1%
Mar 2026	21.26%	+20.9%
Dec 2025	17.58%	-20.9%
Sep 2025	22.23%	-1.9%
Jun 2025	22.65%	-5.2%
Mar 2025	23.89%	-6.6%
Dec 2024	25.59%	+13.2%
Sep 2024	22.60%	-10.6%
Jun 2024	25.29%	-0.4%
Mar 2024	25.40%	-0.4%
Dec 2023	25.49%	+12.5%
Sep 2023	22.66%	-10.0%
Jun 2023	25.17%	-9.0%
Mar 2023	27.65%	-10.3%
Dec 2022	30.84%	+17.2%
Sep 2022	26.32%	-4.9%
Jun 2022	27.67%	-0.4%
Mar 2022	27.77%	+12.0%
Dec 2021	24.79%	+20.9%
Sep 2021	20.51%	-19.9%
Jun 2021	25.60%	-6.3%
Mar 2021	27.31%	-0.2%
Dec 2020	27.36%	-1.4%
Sep 2020	27.75%	-19.6%
Jun 2020	34.50%	-4.3%
Mar 2020	36.05%	+8.1%
Dec 2019	33.36%	+1.5%
Sep 2019	32.87%	+23.1%
Jun 2019	26.70%	-33.3%
Mar 2019	40.03%	-4.9%
Dec 2018	42.09%	+15.3%
Sep 2018	36.49%	+0.4%
Jun 2018	36.36%	-16.5%
Mar 2018	43.53%	+184.7%
Dec 2017	-51.38%	-212.5%
Sep 2017	45.67%	+22.5%
Jun 2017	37.29%	-32.1%
Mar 2017	54.90%	+13.8%
Dec 2016	48.25%	-2.3%
Sep 2016	49.41%	-45.3%
Jun 2016	90.36%	+19.4%
Mar 2016	75.67%	+32.4%
Dec 2015	57.15%	+13.2%
Sep 2015	50.49%	+164.6%
Jun 2015	-78.12%	-253.8%
Mar 2015	50.79%	+16.9%
Dec 2014	43.44%	-14.5%
Sep 2014	50.81%	+1.5%
Jun 2014	50.07%	+22.1%
Mar 2014	41.02%	+15.4%
Dec 2013	35.56%	-2.7%
Sep 2013	36.54%	-5.6%
Jun 2013	38.69%	+21.7%
Mar 2013	31.79%	+4.9%
Dec 2012	30.31%	-19.2%
Sep 2012	37.53%	+111.0%
Jun 2012	-341.06%	-1,135.1%
Mar 2012	32.95%	+29.7%
Dec 2011	25.41%	+8.7%
Sep 2011	23.37%	+1.7%
Jun 2011	22.98%	-10.9%
Mar 2011	25.78%	+25.5%
Dec 2010	20.55%	-0.6%
Sep 2010	20.67%	-17.4%
Jun 2010	25.01%	-12.0%
Mar 2010	28.43%	+64.4%

Month	Value	Change
Dec 2009	17.29%	-46.6%
Sep 2009	32.37%	-14.9%
Jun 2009	38.03%	-2.0%
Mar 2009	38.80%	+40.0%
Dec 2008	27.72%	+21.5%
Sep 2008	22.82%	-3.9%
Jun 2008	23.74%	+1.8%
Mar 2008	23.31%	+6.1%
Dec 2007	21.97%	+0.5%
Sep 2007	21.87%	-30.3%
Jun 2007	31.37%	+58.4%
Mar 2007	19.81%	-46.9%
Dec 2006	37.32%	+44.7%
Sep 2006	25.79%	-20.5%
Jun 2006	32.43%	+4.4%
Mar 2006	31.07%	+34.2%
Dec 2005	23.16%	-15.1%
Sep 2005	27.28%	+17.5%
Jun 2005	23.22%	-32.8%
Mar 2005	34.53%	-96.4%
Dec 2004	967.31%	+2,711.1%
Sep 2004	34.41%	>+9,900.0%
Jun 2004	0.00%	0.0%
Mar 2004	0.00%	-100.0%
Dec 2003	111.62%	>+9,900.0%
Sep 2003	0.00%	0.0%
Jun 2003	0.00%	-100.0%
Mar 2003	30.67%	>+9,900.0%
Dec 2002	0.00%	0.0%
Sep 2002	0.00%	0.0%
Jun 2002	0.00%	0.0%
Mar 2002	0.00%	0.0%
Dec 2001	0.00%	0.0%
Sep 2001	0.00%	0.0%
Jun 2001	0.00%	0.0%
Mar 2001	0.00%	0.0%
Dec 2000	0.00%	0.0%
Sep 2000	0.00%	0.0%
Jun 2000	0.00%	0.0%
Mar 2000	0.00%	-100.0%
Dec 1999	0.25%	-21.9%
Sep 1999	0.32%	0.0%
Jun 1999	0.32%	-13.5%
Mar 1999	0.37%	+5.7%
Dec 1998	0.35%	-16.7%
Sep 1998	0.42%	-19.2%
Jun 1998	0.52%	0.0%
Mar 1998	0.52%	-16.1%
Dec 1997	0.62%	-41.5%
Sep 1997	1.06%	+39.5%
Jun 1997	0.76%	+13.4%
Mar 1997	0.67%	>+9,900.0%
Dec 1996	0.00%	0.0%
Sep 1996	0.00%	0.0%
Jun 1996	0.00%	0.0%
Mar 1996	0.00%	0.0%
Dec 1995	0.00%	0.0%
Sep 1995	0.00%	0.0%
Jun 1995	0.00%	0.0%
Mar 1995	0.00%	0.0%
Dec 1994	0.00%	0.0%
Sep 1994	0.00%	0.0%
Jun 1994	0.00%	0.0%
Mar 1994	0.00%	0.0%
Dec 1993	0.00%	0.0%
Sep 1993	0.00%	-

FAQ

When is MSFT next earnings release?: The next earnings release for MSFT is on January 27, 2027

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Data Sources & References

MSFT Official Website www.microsoft.com
MSFT Profile on Yahoo Finance finance.yahoo.com/quote/MSFT
MSFT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/msft