A system, apparatus and method for instruction dispatch on a multi-thread processing device are described herein. The instruction dispatching method includes, in an instruction execution period having a plurality of execution cycles, successively fetching and issuing an instruction for each of a plurality of instruction execution threads according to an allocation of execution cycles of the instruction execution period among the plurality of instruction execution threads. Remaining execution cycles are subsequently used to successively fetch and issue another instruction for each of the plurality of instruction execution threads having at least one remaining allocated execution cycle of the instruction execution period. Other embodiments may be described and claimed.