Morgan Stanley's most recent quarterly dividend of $0.85 per share was on Jul 28, 2023 (ex-date). At an annualized rate of $3.18 per share, the stock yields 3.89%. The latest MS distribution of $0.85 marks a dividend growth of 10%.
Morgan Stanley's dividend yield of 3.89% is higher than the Financial Services sector, the industry and its peers average. But if we consider the Financial Services sector average of 3.73%, Morgan Stanley's dividend yield is only 4.3% higher. The current dividend yield is more than the historical average of 2.8% 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 10% for the last year. And since the stock price has gone up by 2.3% from a year ago, the dividend yield has increased by 8%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Jul 28, 2023 | Aug 15, 2023 | Jul 18, 2023 | $0.85 | normal |
Apr 28, 2023 | May 15, 2023 | Apr 19, 2023 | $0.775 | normal |
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 55.3% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 33.5%, Morgan Stanley's payout ratio is 65% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
C Citigroup Inc | 5.01% | $2.06 | 32.4% |
MS Morgan Stanley | 3.89% | $3.18 | 55.3% |
BAC Bank Of America Corp | 3.29% | $0.9 | 25.7% |
GS Goldman Sachs Group Inc | 3.17% | $10.25 | 43.2% |
JPM Jpmorgan Chase & Co | 2.76% | $4 | 25.7% |
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 October 2023.
Morgan Stanley's last regular dividend was on Jul 28, 2023 (ex-date) with the amount of $0.85 per share.
MS's annualized dividend per share is $3.18.
Currently Morgan Stanley's dividend yield is 3.89%.
Morgan Stanley pays four dividends per year.
Morgan Stanley's dividend payout ratio is 55.3%.
Morgan Stanley's dividend yield is in line with the Financial Services sector average.