
Motorola Solutions, Inc.
MSITechnology · Stock · quarterly payer
Forward Yield
1.17%
Annual Dividend
$4.84
Payout Ratio
37%
5-Yr Growth
11.2%
Ex-Date
Jun 17, 2026
Frequency
Quarterly
Summary
As of July 2026, Motorola Solutions, Inc. (MSI) yields 1.17% ($4.84 per share annually), with a blended fair-value estimate of $302.33 — -27% downside, so it screens as overvalued. Dividend safety grade: A (84/100). 15 years of dividend growth.
Is MSI a good dividend stock?
YesMotorola Solutions, Inc. (MSI) pays a quarterly dividend yielding 1.17% ($4.84/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 15 consecutive years of dividend growth
- Comfortable payout ratio (37%)
- Strong 11.2% 5-yr dividend growth
- 69% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2001
Key Data
- Dividend Yield
- 1.17%
- Payout Ratio
- 37%
- Annual Dividend
- $4.84
- 5-Yr Avg Growth
- 11.2%
- Ex-Dividend Date
- Jun 17, 2026
- Years of Growth
- 15
- Frequency
- quarterly
- Beta
- 0.89
- Market Cap
- $68.1B
- P/E Ratio
- 33.3
- 5-Yr Total Return
- 69%
- 52-Week Range
- $359.36 – $492.22
- Dividend Safety
- A · 84/100
- Ever Cut?
- Yes (2001)
Frequently Asked Questions
MSI Price — Last 12 Months
Daily close
Price Return
1 Year
-13%
3 Years
+46%
5 Years
+69%
52-Week Range
$359.36 – $492.22
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is MSI worth?
Overvaluedmedium confidenceOur blended fair-value estimate for Motorola Solutions, Inc. is $302.33 per share, versus a market price of $413.31. That implies 27% of downside.
Fair Value
$302.33
Current Price
$413.31
Downside
-27%
Margin of Safety
-37%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 11.9% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.7% discount rate (CAPM), 11.9% stage-1 growth, 2.5% terminal growth, $12.40 EPS, $4.84 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
MSI Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 17, 2026 | — | $1.2100 | regular |
| Mar 20, 2026 | — | $1.2100 | regular |
| Dec 15, 2025 | — | $1.2100 | regular |
| Sep 15, 2025 | — | $1.0900 | regular |
| Jun 13, 2025 | — | $1.0900 | regular |
| Mar 14, 2025 | — | $1.0900 | regular |
| Dec 13, 2024 | — | $1.0900 | regular |
| Sep 13, 2024 | — | $0.9800 | regular |
| Jun 14, 2024 | — | $0.9800 | regular |
| Mar 14, 2024 | — | $0.9800 | regular |
| Dec 14, 2023 | — | $0.9800 | regular |
| Sep 14, 2023 | — | $0.8800 | regular |
| Jun 14, 2023 | — | $0.8800 | regular |
| Mar 14, 2023 | — | $0.8800 | regular |
Income Calculator
At $4.84 / yr per share




