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MS Morgan Stanley dividend history, payout ratio & dates

Morgan Stanley's most recent quarterly dividend of $0.85 per share was on Jan 30, 2024 (ex-date). At an annualized rate of $3.33 per share, the stock yields 3.69%.

Key dates

  • MS last dividend date: Jan 30, 2024
  • MS next dividend date: Not announced
MS dividend stats
DPS
$3.33
Dividend yield
3.68%
Payout ratio
63.5%
vs. Financial Services sector
Dividend yield
3.56%
Payout ratio
39.4%

Dividend yield

What is Morgan Stanley current dividend yield

Morgan Stanley's dividend yield of 3.69% is higher than the Financial Services sector, the industry and its peers average. But if we consider the Financial Services sector average of 3.56%, Morgan Stanley's dividend yield is only 3.7% higher. The current dividend yield is more than the historical average of 2.9% of the last 5 years.

Dividend history

What is MS dividend payout history and dates

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 0.9% from a year ago, the dividend yield has increased by 9%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jan 30, 2024 Feb 15, 2024 Jan 16, 2024 $0.85 normal
Oct 30, 2023 Nov 15, 2023 Oct 18, 2023 $0.85 normal
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 dividend payout ratio

What is Morgan Stanley dividend payout ratio compared to the sector

Payout ratio

Morgan Stanley's payout ratio of 63.5% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 39.4%, Morgan Stanley's payout ratio is 61% higher.

Total amount of dividends paid per financial year (from cash flow)

MS dividend vs peer dividends

How does MS dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
MS Morgan Stanley 3.68% $3.33 63.5%
C Citigroup Inc 3.6% $2.1 51.6%
GS Goldman Sachs Group Inc 2.67% $10.75 46.6%
BAC Bank Of America Corp 2.63% $0.94 30.3%
JPM Jpmorgan Chase & Co 2.34% $4.25 26.2%

Frequently asked questions

Does Morgan Stanley pay a dividend?

Yes, Morgan Stanley has been paying dividends for the last 30 years.

When is Morgan Stanley's next dividend?

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 2024.

When was MS's last dividend?

Morgan Stanley's last regular dividend was on Jan 30, 2024 (ex-date) with the amount of $0.85 per share.

How much dividend does Morgan Stanley pay (per share)?

MS's annualized dividend per share is $3.33.

What is Morgan Stanley's dividend yield?

Currently Morgan Stanley's dividend yield is 3.69%.

How often does Morgan Stanley pay dividends?

Morgan Stanley pays four dividends per year.

What is Morgan Stanley's dividend payout ratio?

Morgan Stanley's dividend payout ratio is 63.5%.

Does Morgan Stanley pay a good dividend?

Morgan Stanley's dividend yield is in line with the Financial Services sector average.