Microsoft Dividend Hike Predictions Point to 10% Increase This Year

Microsoft has consistently raised its dividend every year for over a decade, with 16 consecutive annual increases. The most recent increase was in September 2025, when the quarterly payment went up by around 10%.

The company's dividend growth has been remarkably stable, with the last six annual increases ranging between 9.6% and 10.7%. This stability suggests that this year's raise will likely be within a similar range, with analysts predicting an increase of around 10%

Microsoft's capital expenditures have increased significantly in recent years, with $115.9 billion allocated to property and equipment in fiscal 2026. However, the company's earnings are growing faster than its dividend payment, and the dividend remains affordable despite the increasing construction costs.