Does Motorola Solutions (MSI) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Motorola Solutions (MSI) pays a dividend yielding about 1.11% as of August 2026, paid quarterly, four times a year. The latest payment on record was $1.21 per share, ex-dividend June 17, 2026. The forward annual rate is roughly $4.84 per share, about $111 a year on a $10,000 position before tax. The payout takes about 37% of earnings. Figures are approximate and dated; verify the current number with your broker.
Does Motorola Solutions (MSI) pay a dividend?
Yes. Motorola Solutions distributes a dividend yielding roughly 1.11% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $1.21 per share, with an ex-dividend date of June 17, 2026. Annualized, that is about $4.84 per share.
Motorola Solutions trades at a premium to the S&P 500 average, reflecting the high recurring revenue, dominant LMR position, and consistent execution. Public safety end markets are durable across economic cycles.
MSI dividend at a glance
| 2026-06-17 | $1.21 |
| 2026-03-20 | $1.21 |
| 2025-12-15 | $1.21 |
| 2025-09-15 | $1.09 |
| 2025-06-13 | $1.09 |
| 2025-03-14 | $1.09 |
MSI dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with MSI's investor relations page before relying on it.
Is the MSI dividend covered?
Motorola Solutions paid out about 37% of its earnings as dividends, so the payout is comfortably covered. That is the range most established dividend payers sit in: enough profit is retained to keep funding the business, with room to raise the dividend if earnings grow.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
How the MSI dividend has changed
The latest payment of $1.21 per share compares with $1.09 in the equivalent payment a year earlier (June 13, 2025). That is a change of 11.0% over the year.
A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on MSI's investor relations page.
What MSI's dividend means for you
- Income: about $111 a year per $10,000 invested, before tax.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for MSI the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How MSI dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the MSI dividend
Motorola Solutions (MSI) pays about 1.11%, or roughly $4.84 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the MSI guide. Walnut can show how MSI fits your real portfolio. It is not an investment adviser.
Investing in Motorola Solutions with AI
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FAQ
Does Motorola Solutions (MSI) pay a dividend?
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Yes. Motorola Solutions pays a dividend yielding roughly 1.11% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $1.21 per share with an ex-dividend date of June 17, 2026. That works out to a forward annual rate of about $4.84 per share. Yields move with the share price, so verify the current figure with your broker or MSI's investor relations page before relying on it.
What is MSI's dividend yield?
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About 1.11% as of August 2026. On a $10,000 position that is roughly $111 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so MSI yields about the same as the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does MSI pay its dividend?
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Motorola Solutions pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of June 17, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on MSI's investor relations page, because boards can change both the amount and the timing.
When is MSI's ex-dividend date?
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The ex-dividend date recorded in our August 2026 data pull is June 17, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check MSI's investor relations page for the next confirmed date.
Has Motorola Solutions raised its dividend recently?
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Yes. The latest payment of $1.21 per share is above the $1.09 paid in the same slot a year earlier, an increase of about 11.0%. One raise is not a policy, though: check the multi-year record on MSI's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.
Is MSI's dividend safe?
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Motorola Solutions paid out about 37% of its earnings as dividends, so the payout is comfortably covered. That is the range most established dividend payers sit in: enough profit is retained to keep funding the business, with room to raise the dividend if earnings grow. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
How much would I earn in dividends from a $10,000 position in MSI?
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At a yield of about 1.11%, roughly $111 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.
Are MSI dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest MSI dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each MSI payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Is Motorola Solutions a good dividend stock?
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Yes. The dividend yields approximately 1.0% as of early 2026 with consistent growth over the past decade. Free cash flow generation supports the dividend through cycles, and public safety end markets are unusually durable.
Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with MSI's investor relations page or your broker before acting on them.
Guides that feature MSI
MSI is one of the names covered in these guides. Each one puts the stock next to its peers so you can see where it fits rather than judging it alone.