Splits, dividend moves, buybacks and structural changes on file for MSI, and what each one says about how management treats you, the shareholder.
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Management postureConsistently shareholder-friendly
The annual dividend has risen for 14 straight years, never cut. That is a durable capital-return posture that favours long-term holders. The thing to watch is buyback price discipline, not distress.
The 106 oldest dividend payments are counted in that total but not listed: this ledger keeps the most recent ones.
Sep 16, 2026ex-dateDividendDividend held flat $1.21 · 1.0% yield/yr Neutral▸
Jun 17, 2026ex-dateDividendDividend held flat $1.21 · 1.2% yield/yr Neutral▸
Mar 20, 2026ex-dateDividendDividend held flat $1.21 · 1.1% yield/yr Neutral▸
Dec 15, 2025ex-dateDividendDividend increase +11.0% +11.0% · 1.3% yield/yr Favorable▸
Sep 15, 2025ex-dateDividendDividend held flat $1.09 · 0.9% yield/yr Neutral▸
Jun 13, 2025ex-dateDividendDividend held flat $1.09 · 1.1% yield/yr Neutral▸
Mar 14, 2025ex-dateDividendDividend held flat $1.09 · 1.1% yield/yr Neutral▸
Dec 13, 2024ex-dateDividendDividend increase +11.2% +11.2% · 0.9% yield/yr Favorable▸
Sep 13, 2024ex-dateDividendDividend held flat $0.98 · 0.9% yield/yr Neutral▸
Jun 14, 2024ex-dateDividendDividend held flat $0.98 · 1.0% yield/yr Neutral▸
Mar 14, 2024ex-dateDividendDividend held flat $0.98 · 1.1% yield/yr Neutral▸
Dec 14, 2023ex-dateDividendDividend increase +11.4% +11.4% · 1.2% yield/yr Favorable▸
Sep 14, 2023ex-dateDividendDividend held flat $0.88 · 1.3% yield/yr Neutral▸
Jun 14, 2023ex-dateDividendDividend held flat $0.88 · 1.3% yield/yr Neutral▸
Mar 14, 2023ex-dateDividendDividend held flat $0.88 · 1.3% yield/yr Neutral▸
Dec 14, 2022ex-dateDividendDividend increase +11.4% +11.4% · 1.3% yield/yr Favorable▸
Sep 14, 2022ex-dateDividendDividend held flat $0.79 · 1.3% yield/yr Neutral▸
Jun 14, 2022ex-dateDividendDividend held flat $0.79 · 1.6% yield/yr Neutral▸
Mar 14, 2022ex-dateDividendDividend held flat $0.79 · 1.4% yield/yr Neutral▸
Dec 31, 2021FYBuybackShare repurchases $528M (FY21) $528M Favorable▸
Dec 14, 2021ex-dateDividendDividend increase +11.3% +11.3% · 1.2% yield/yr Favorable▸
Sep 14, 2021ex-dateDividendDividend held flat $0.71 · 1.2% yield/yr Neutral▸
Jun 14, 2021ex-dateDividendDividend held flat $0.71 · 1.3% yield/yr Neutral▸
Mar 12, 2021ex-dateDividendDividend held flat $0.71 · 1.6% yield/yr Neutral▸
Dec 31, 2020FYBuybackShare repurchases $612M (FY20) $612M Favorable▸
Dec 14, 2020ex-dateDividendDividend increase +10.9% +10.9% · 1.7% yield/yr Favorable▸
Sep 14, 2020ex-dateDividendDividend held flat $0.64 · 1.7% yield/yr Neutral▸
Jun 12, 2020ex-dateDividendDividend held flat $0.64 · 1.9% yield/yr Neutral▸
Mar 12, 2020ex-dateDividendDividend held flat $0.64 · 1.6% yield/yr Neutral▸
Dec 31, 2019FYBuybackShare repurchases $315M (FY19) $315M Favorable▸
Dec 12, 2019ex-dateDividendDividend increase +12.3% +12.3% · 1.6% yield/yr Favorable▸
Sep 12, 2019ex-dateDividendDividend held flat $0.57 · 1.4% yield/yr Neutral▸
Jun 13, 2019ex-dateDividendDividend held flat $0.57 · 1.4% yield/yr Neutral▸
Mar 14, 2019ex-dateDividendDividend held flat $0.57 · 1.6% yield/yr Neutral▸
Dec 31, 2018FYBuybackShare repurchases $132M (FY18) $132M Favorable▸
Dec 13, 2018ex-dateDividendDividend increase +9.6% +9.6% · 1.8% yield/yr Favorable▸
Sep 13, 2018ex-dateDividendDividend held flat $0.52 · 1.7% yield/yr Neutral▸
Jun 14, 2018ex-dateDividendDividend held flat $0.52 · 1.8% yield/yr Neutral▸
Mar 14, 2018ex-dateDividendDividend held flat $0.52 · 1.9% yield/yr Neutral▸
Dec 31, 2017FYBuybackShare repurchases $483M (FY17) $483M Favorable▸
Dec 14, 2017ex-dateDividendDividend increase +10.6% +10.6% · 2.2% yield/yr Favorable▸
Sep 14, 2017ex-dateDividendDividend held flat $0.47 · 2.2% yield/yr Neutral▸
Jun 13, 2017ex-dateDividendDividend held flat $0.47 · 2.2% yield/yr Neutral▸
Mar 13, 2017ex-dateDividendDividend held flat $0.47 · 2.3% yield/yr Neutral▸
Dec 31, 2016FYBuybackShare repurchases $842M (FY16) $842M Favorable▸
Dec 13, 2016ex-dateDividendDividend increase +14.6% +14.6% · 2.3% yield/yr Favorable▸
Dec 31, 2015FYBuybackShare repurchases $3.2B (FY15) $3.2B Favorable▸
Dec 31, 2014FYBuybackShare repurchases $2.5B (FY14) $2.5B Favorable▸
Dec 31, 2013FYBuybackShare repurchases $1.7B (FY13) $1.7B Favorable▸
Dec 31, 2012FYBuybackShare repurchases $2.4B (FY12) $2.4B Favorable▸
Dec 31, 2011FYBuybackShare repurchases $1.1B (FY11) $1.1B Favorable▸
Jan 4, 2011ex-dateSplitReverse split 1-for-7 1 : 7 Caution▸
Dec 31, 2008FYBuybackShare repurchases $138M (FY08) $138M Favorable▸
Dec 31, 2007FYBuybackShare repurchases $3.0B (FY07) $3.0B Favorable▸
Jun 2, 2000ex-dateSplitForward split 3-for-1 3 : 1 Neutral▸
Apr 19, 1994ex-dateSplitForward split 2-for-1 2 : 1 Neutral▸
Jan 19, 1993ex-dateSplitForward split 2-for-1 2 : 1 Neutral▸
Jun 4, 1984ex-dateSplitForward split 3-for-1 3 : 1 Neutral▸
Reads are Tenet's plain-English interpretation of each action type, a starting point, not investment advice.