Morgan Stanley's most recent quarterly dividend of $0.775 per share was on Jan 30, 2023 (ex-date). At an annualized rate of $3.03 per share, the stock yields 3.53%.
Morgan Stanley's dividend yield of 3.53% is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.28%, Morgan Stanley's dividend yield is 8% higher. The current dividend yield is more than the historical average of 2.6% of the last 5 years.
Morgan Stanley has a history of paying dividends since 1994. Our records of MS show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 23% for the last year. And since the stock price has gone down by 10% from a year ago, the dividend yield has increased by 37%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 30, 2023 | Feb 15, 2023 | Jan 17, 2023 | $0.775 | normal |
| Oct 28, 2022 | Nov 15, 2022 | Oct 14, 2022 | $0.775 | normal |
| Jul 28, 2022 | Aug 15, 2022 | Jul 14, 2022 | $0.775 | normal |
| Apr 28, 2022 | May 13, 2022 | Apr 14, 2022 | $0.7 | normal |
| Jan 28, 2022 | Feb 15, 2022 | Jan 19, 2022 | $0.7 | normal |
| Oct 28, 2021 | Nov 15, 2021 | Oct 14, 2021 | $0.7 | normal |
| Jul 29, 2021 | Aug 13, 2021 | Jul 15, 2021 | $0.7 | normal |
| Apr 29, 2021 | May 14, 2021 | Apr 16, 2021 | $0.35 | normal |
| Jan 28, 2021 | Feb 12, 2021 | Jan 20, 2021 | $0.35 | normal |
| Oct 29, 2020 | Nov 13, 2020 | Oct 15, 2020 | $0.35 | normal |
| Jul 30, 2020 | Aug 14, 2020 | Jul 16, 2020 | $0.35 | normal |
| Apr 29, 2020 | May 15, 2020 | Apr 16, 2020 | $0.35 | normal |
| Jan 30, 2020 | Feb 14, 2020 | Jan 16, 2020 | $0.35 | normal |
| Oct 30, 2019 | Nov 15, 2019 | Oct 17, 2019 | $0.35 | normal |
| Jul 30, 2019 | Aug 15, 2019 | Jul 18, 2019 | $0.35 | normal |
| Apr 29, 2019 | May 15, 2019 | Apr 17, 2019 | $0.3 | normal |
| Jan 30, 2019 | Feb 15, 2019 | Jan 17, 2019 | $0.3 | normal |
| Oct 30, 2018 | Nov 15, 2018 | Oct 16, 2018 | $0.3 | normal |
| Jul 30, 2018 | Aug 15, 2018 | Jun 28, 2018 | $0.3 | normal |
| Apr 27, 2018 | May 15, 2018 | Apr 18, 2018 | $0.25 | normal |
| Jan 30, 2018 | Feb 15, 2018 | Jan 18, 2018 | $0.25 | normal |
| Oct 30, 2017 | Nov 15, 2017 | Oct 17, 2017 | $0.25 | normal |
| Jul 27, 2017 | Aug 15, 2017 | Jul 19, 2017 | $0.25 | normal |
| Apr 27, 2017 | May 15, 2017 | Apr 19, 2017 | $0.2 | normal |
| Jan 27, 2017 | Feb 15, 2017 | Jan 17, 2017 | $0.2 | normal |
| Oct 27, 2016 | Nov 15, 2016 | Oct 19, 2016 | $0.2 | normal |
| Jul 27, 2016 | Aug 15, 2016 | Jul 20, 2016 | $0.2 | normal |
| Apr 27, 2016 | May 13, 2016 | Apr 18, 2016 | $0.15 | normal |
| Jan 27, 2016 | Feb 15, 2016 | Jan 19, 2016 | $0.15 | normal |
| Oct 28, 2015 | Nov 13, 2015 | $0.15 | normal | |
| Jul 29, 2015 | Aug 14, 2015 | Jul 20, 2015 | $0.15 | normal |
Morgan Stanley's payout ratio of 48.6% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 30.7%, Morgan Stanley's payout ratio is 58% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| C Citigroup Inc | 4.63% | $2.04 | 29% |
| MS Morgan Stanley | 3.53% | $3.03 | 48.6% |
| JPM Jpmorgan Chase & Co | 3.15% | $4 | 33.1% |
| BAC Bank Of America Corp | 3.14% | $0.87 | 27.1% |
| GS Goldman Sachs Group Inc | 3.07% | $9.5 | 31.2% |
Yes, Morgan Stanley has been paying dividends for the last 29 years.
MS hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in April 2023.
Morgan Stanley's last regular dividend was on Jan 30, 2023 (ex-date) with the amount of $0.775 per share.
MS's annualized dividend per share is $3.03.
Currently Morgan Stanley's dividend yield is 3.53%.
Morgan Stanley pays four dividends per year.
Morgan Stanley's dividend payout ratio is 48.6%.
Morgan Stanley's dividend yield is more than the Financial Services sector average.