diff --git a/js/src/dropdown.js b/js/src/dropdown.js
index bada537c9c8e..66ff8cc4fcf7 100644
--- a/js/src/dropdown.js
+++ b/js/src/dropdown.js
@@ -72,7 +72,7 @@ const PLACEMENT_RIGHT = isRTL ? 'left-start' : 'right-start'
 const PLACEMENT_LEFT = isRTL ? 'right-start' : 'left-start'
 
 const Default = {
-  offset: 0,
+  offset: [0, 0],
   flip: true,
   boundary: 'clippingParents',
   reference: 'toggle',
@@ -81,7 +81,7 @@ const Default = {
 }
 
 const DefaultType = {
-  offset: '(number|string|function)',
+  offset: '(array|string|function)',
   flip: 'boolean',
   boundary: '(string|element)',
   reference: '(string|element|object)',
@@ -298,6 +298,20 @@ class Dropdown extends BaseComponent {
     return this._element.closest(`.${CLASS_NAME_NAVBAR}`) !== null
   }
 
+  _getOffset() {
+    const { offset } = this._config
+
+    if (typeof offset === 'string') {
+      return offset.split(',').map(val => Number.parseInt(val, 10))
+    }
+
+    if (typeof offset === 'function') {
+      return popperData => offset(popperData, this._element)
+    }
+
+    return offset
+  }
+
   _getPopperConfig() {
     const popperConfig = {
       placement: this._getPlacement(),
@@ -313,6 +327,12 @@ class Dropdown extends BaseComponent {
         options: {
           fallbackPlacements: ['top', 'right', 'bottom', 'left']
         }
+      },
+      {
+        name: 'offset',
+        options: {
+          offset: this._getOffset()
+        }
       }]
     }
 
diff --git a/js/src/tooltip.js b/js/src/tooltip.js
index 909cb0f8a7d5..6d85fde26942 100644
--- a/js/src/tooltip.js
+++ b/js/src/tooltip.js
@@ -50,6 +50,7 @@ const DefaultType = {
   html: 'boolean',
   selector: '(string|boolean)',
   placement: '(string|function)',
+  offset: '(array|string|function)',
   container: '(string|element|boolean)',
   fallbackPlacements: 'array',
   boundary: '(string|element)',
@@ -80,6 +81,7 @@ const Default = {
   html: false,
   selector: false,
   placement: 'top',
+  offset: [0, 0],
   container: false,
   fallbackPlacements: ['top', 'right', 'bottom', 'left'],
   boundary: 'clippingParents',
@@ -473,6 +475,20 @@ class Tooltip extends BaseComponent {
     return context
   }
 
+  _getOffset() {
+    const { offset } = this.config
+
+    if (typeof offset === 'string') {
+      return offset.split(',').map(val => Number.parseInt(val, 10))
+    }
+
+    if (typeof offset === 'function') {
+      return popperData => offset(popperData, this._element)
+    }
+
+    return offset
+  }
+
   _getPopperConfig(attachment) {
     const defaultBsConfig = {
       placement: attachment,
@@ -484,6 +500,12 @@ class Tooltip extends BaseComponent {
             fallbackPlacements: this.config.fallbackPlacements
           }
         },
+        {
+          name: 'offset',
+          options: {
+            offset: this._getOffset()
+          }
+        },
         {
           name: 'preventOverflow',
           options: {
diff --git a/js/tests/unit/dropdown.spec.js b/js/tests/unit/dropdown.spec.js
index cc41396034cb..8b477ba38f80 100644
--- a/js/tests/unit/dropdown.spec.js
+++ b/js/tests/unit/dropdown.spec.js
@@ -54,6 +54,54 @@ describe('Dropdown', () => {
       expect(dropdown.toggle).toHaveBeenCalled()
     })
 
+    it('should create offset modifier correctly when offset option is a function', done => {
+      fixtureEl.innerHTML = [
+        '<div class="dropdown">',
+        '  <button class="btn dropdown-toggle" data-bs-toggle="dropdown">Dropdown</button>',
+        '  <div class="dropdown-menu">',
+        '    <a class="dropdown-item" href="#">Secondary link</a>',
+        '  </div>',
+        '</div>'
+      ].join('')
+
+      const getOffset = jasmine.createSpy('getOffset').and.returnValue([10, 20])
+      const btnDropdown = fixtureEl.querySelector('[data-bs-toggle="dropdown"]')
+      const dropdown = new Dropdown(btnDropdown, {
+        offset: getOffset,
+        popperConfig: {
+          onFirstUpdate: state => {
+            expect(getOffset).toHaveBeenCalledWith({
+              popper: state.rects.popper,
+              reference: state.rects.reference,
+              placement: state.placement
+            }, btnDropdown)
+            done()
+          }
+        }
+      })
+      const offset = dropdown._getOffset()
+
+      expect(typeof offset).toEqual('function')
+
+      dropdown.show()
+    })
+
+    it('should create offset modifier correctly when offset option is a string into data attribute', () => {
+      fixtureEl.innerHTML = [
+        '<div class="dropdown">',
+        '  <button class="btn dropdown-toggle" data-bs-toggle="dropdown" data-bs-offset="10,20">Dropdown</button>',
+        '  <div class="dropdown-menu">',
+        '    <a class="dropdown-item" href="#">Secondary link</a>',
+        '  </div>',
+        '</div>'
+      ].join('')
+
+      const btnDropdown = fixtureEl.querySelector('[data-bs-toggle="dropdown"]')
+      const dropdown = new Dropdown(btnDropdown)
+
+      expect(dropdown._getOffset()).toEqual([10, 20])
+    })
+
     it('should allow to pass config to Popper with `popperConfig`', () => {
       fixtureEl.innerHTML = [
         '<div class="dropdown">',
diff --git a/js/tests/unit/tooltip.spec.js b/js/tests/unit/tooltip.spec.js
index 213dcc91f6ad..38af0235ba29 100644
--- a/js/tests/unit/tooltip.spec.js
+++ b/js/tests/unit/tooltip.spec.js
@@ -107,6 +107,41 @@ describe('Tooltip', () => {
       tooltipInContainerEl.click()
     })
 
+    it('should create offset modifier when offset is passed as a function', done => {
+      fixtureEl.innerHTML = '<a href="#" rel="tooltip" title="Offset from function">'
+
+      const getOffset = jasmine.createSpy('getOffset').and.returnValue([10, 20])
+      const tooltipEl = fixtureEl.querySelector('a')
+      const tooltip = new Tooltip(tooltipEl, {
+        offset: getOffset,
+        popperConfig: {
+          onFirstUpdate: state => {
+            expect(getOffset).toHaveBeenCalledWith({
+              popper: state.rects.popper,
+              reference: state.rects.reference,
+              placement: state.placement
+            }, tooltipEl)
+            done()
+          }
+        }
+      })
+
+      const offset = tooltip._getOffset()
+
+      expect(typeof offset).toEqual('function')
+
+      tooltip.show()
+    })
+
+    it('should create offset modifier when offset option is passed in data attribute', () => {
+      fixtureEl.innerHTML = '<a href="#" rel="tooltip" data-bs-offset="10,20" title="Another tooltip">'
+
+      const tooltipEl = fixtureEl.querySelector('a')
+      const tooltip = new Tooltip(tooltipEl)
+
+      expect(tooltip._getOffset()).toEqual([10, 20])
+    })
+
     it('should allow to pass config to Popper with `popperConfig`', () => {
       fixtureEl.innerHTML = '<a href="#" rel="tooltip">'
 
diff --git a/site/content/docs/5.0/components/dropdowns.md b/site/content/docs/5.0/components/dropdowns.md
index a50dcf0f5c00..37c3a74c11ba 100644
--- a/site/content/docs/5.0/components/dropdowns.md
+++ b/site/content/docs/5.0/components/dropdowns.md
@@ -896,6 +896,16 @@ Options can be passed via data attributes or JavaScript. For data attributes, ap
       <td><code>'dynamic'</code></td>
       <td>By default, we use Popper for dynamic positioning. Disable this with <code>static</code>.</td>
     </tr>
+    <tr>
+      <td><code>offset</code></td>
+      <td>array | string | function</td>
+      <td><code>[0, 0]</code></td>
+      <td>
+        <p>Offset of the dropdown relative to its target. You can pass a string in data attributes with comma separated values like: <code>data-bs-offset="10,20"</code></p>
+        <p>When a function is used to determine the offset, it is called with an object containing the popper placement, the reference, and popper rects as its first argument. The triggering element DOM node is passed as the second argument. The function must return an array with two numbers: <code>[<a href="https://popper.js.org/docs/v2/modifiers/offset/#skidding-1">skidding</a>, <a href="https://popper.js.org/docs/v2/modifiers/offset/#distance-1">distance</a>]</code>.</p>
+        <p>For more information refer to Popper's <a href="https://popper.js.org/docs/v2/modifiers/offset/#options">offset docs</a>.</p>
+      </td>
+    </tr>
     <tr>
       <td><code>popperConfig</code></td>
       <td>null | object</td>
diff --git a/site/content/docs/5.0/components/popovers.md b/site/content/docs/5.0/components/popovers.md
index ccaf1f63f9f4..ddfc6c130afe 100644
--- a/site/content/docs/5.0/components/popovers.md
+++ b/site/content/docs/5.0/components/popovers.md
@@ -267,6 +267,16 @@ Note that for security reasons the `sanitize`, `sanitizeFn`, and `allowList` opt
       <td><code>null</code></td>
       <td>Here you can supply your own sanitize function. This can be useful if you prefer to use a dedicated library to perform sanitization.</td>
     </tr>
+    <tr>
+      <td><code>offset</code></td>
+      <td>array | string | function</td>
+      <td><code>[0, 0]</code></td>
+      <td>
+        <p>Offset of the popover relative to its target. You can pass a string in data attributes with comma separated values like: <code>data-bs-offset="10,20"</code></p>
+        <p>When a function is used to determine the offset, it is called with an object containing the popper placement, the reference, and popper rects as its first argument. The triggering element DOM node is passed as the second argument. The function must return an array with two numbers: <code>[<a href="https://popper.js.org/docs/v2/modifiers/offset/#skidding-1">skidding</a>, <a href="https://popper.js.org/docs/v2/modifiers/offset/#distance-1">distance</a>]</code>.</p>
+        <p>For more information refer to Popper's <a href="https://popper.js.org/docs/v2/modifiers/offset/#options">offset docs</a>.</p>
+      </td>
+    </tr>
     <tr>
       <td><code>popperConfig</code></td>
       <td>null | object</td>
diff --git a/site/content/docs/5.0/components/tooltips.md b/site/content/docs/5.0/components/tooltips.md
index 8f5aac5335ca..ea4762a673ea 100644
--- a/site/content/docs/5.0/components/tooltips.md
+++ b/site/content/docs/5.0/components/tooltips.md
@@ -292,6 +292,16 @@ Note that for security reasons the `sanitize`, `sanitizeFn`, and `allowList` opt
       <td><code>null</code></td>
       <td>Here you can supply your own sanitize function. This can be useful if you prefer to use a dedicated library to perform sanitization.</td>
     </tr>
+    <tr>
+      <td><code>offset</code></td>
+      <td>array | string | function</td>
+      <td><code>[0, 0]</code></td>
+      <td>
+        <p>Offset of the tooltip relative to its target. You can pass a string in data attributes with comma separated values like: <code>data-bs-offset="10,20"</code></p>
+        <p>When a function is used to determine the offset, it is called with an object containing the popper placement, the reference, and popper rects as its first argument. The triggering element DOM node is passed as the second argument. The function must return an array with two numbers: <code>[<a href="https://popper.js.org/docs/v2/modifiers/offset/#skidding-1">skidding</a>, <a href="https://popper.js.org/docs/v2/modifiers/offset/#distance-1">distance</a>]</code>.</p>
+        <p>For more information refer to Popper's <a href="https://popper.js.org/docs/v2/modifiers/offset/#options">offset docs</a>.</p>
+      </td>
+    </tr>
     <tr>
       <td><code>popperConfig</code></td>
       <td>null | object</td>
diff --git a/site/content/docs/5.0/migration.md b/site/content/docs/5.0/migration.md
index 49d11a98967b..850e27ab619a 100644
--- a/site/content/docs/5.0/migration.md
+++ b/site/content/docs/5.0/migration.md
@@ -20,6 +20,7 @@ toc: true
 
 ### JavaScript
 
+- Restored `offset` option for Dropdown, Popover and Tooltip plugins.
 - The default value for the `fallbackPlacements` is changed to `['top', 'right', 'bottom', 'left']` for better placement of popper elements.
 
 ## v5.0.0-beta1