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Data last updated: Aug 31, 2026
Snapshot (as of Aug 31, 2026): Motorola Solutions, Inc. (MSI) pays a $4.72 annual dividend ($1.21 quarterly), yielding 0.97% at $486.00/share. Next ex-dividend date 2026-09-16. 22 consecutive years of dividend growth. Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 0.97%
Annual Dividend: $4.72 per share
Payout Ratio: 35.9%
Ex-Dividend Date: 2026-09-16
Dividend Frequency: quarterly
Sector: Technology
Years of Dividend History: 55
Motorola Solutions, Inc. dividend investors are looking at a company that supplies land mobile radio systems, video security hardware, and public safety software to government agencies and enterprises across the U.S., U.K., Canada, and beyond. The current yield is 0.98%, with a trailing annual dividend rate of $4.72 per share paid quarterly. The next ex-dividend date is September 16, 2026. With a beta of 0.87, MSI stock moves less than the broader market, which suits growth-and-income investors who want dividend expansion without sharp price swings.
Motorola Solutions, Inc. pays out 35.9% of earnings as dividends, a payout ratio classified as conservative (below 40%). That low payout is supported by a business model that spans both hardware sales and recurring Software and Services revenue, including maintenance contracts, cybersecurity services, and cloud-based command center software, all serving government and public safety clients with ongoing operational needs. Motorola Solutions, Inc. dividend safety looks sound at current levels, though the company operates in a capital-intensive industry where large infrastructure contracts and product development cycles can pressure cash flows.
Over the past 17 years, Motorola Solutions, Inc. dividend history shows a compound annual growth rate (CAGR) of 20.1% per year from 2008 to 2025. Per-share payments grew from $0.20 to $4.48 over that span (2026 data is partial and excluded from the CAGR calculation). The smallest annual increase in the window was 10.0% in 2015, which is still a meaningful raise and reflects how consistently MSI has prioritized dividend growth even in slower years.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +11.3% | $3.25 (2022) | $4.48 (2025) |
| 5-Year | +11.2% | $2.63 (2020) | $4.48 (2025) |
| 10-Year | +12.1% | $1.43 (2015) | $4.48 (2025) |
MSI stock fits growth-and-income investors who prioritize dividend expansion over immediate income, given a yield classified as low (below 2%). At 0.98%, the current yield sits above the 5-year average of 0.76%, so income investors are getting a slightly better entry point on yield than the recent norm. The 35.9% payout ratio leaves room for continued increases, and 22 consecutive years of dividend growth backs that up with data. The trade-off is straightforward: the per-share dividend has grown at 20.1% annually since 2008, but the yield stays low because MSI stock price has risen alongside it. Investors get a fast-growing dividend from a company serving essential public safety infrastructure; they accept a yield that will not satisfy near-term income needs.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-16 | $1.2100 |
| 2026-06-17 | $1.2100 |
| 2026-03-20 | $1.2100 |
| 2025-12-15 | $1.2100 |
| 2025-09-15 | $1.0900 |
| 2025-06-13 | $1.0900 |
| 2025-03-14 | $1.0900 |
| 2024-12-13 | $1.0900 |
| 2024-09-13 | $0.9800 |
| 2024-06-14 | $0.9800 |
| Year | Total Dividends |
|---|---|
| 2026 | $3.6300 |
| 2025 | $4.4800 |
| 2024 | $4.0300 |
| 2023 | $3.6200 |
| 2022 | $3.2500 |
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