Trailing Dividend / Share
$3.81
Morgan Stanley (MS) Dividend History
Income profile from 1993 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
2.3%
Payout Ratio
45.8%
Sustainable
Dividend Streak
12 years
3-Second Income Check
Safety
45.8% payout ratio with sustainable safety profile.
Consistency
12 straight years of dividend increases.
Income Trend
Yield on cost is 5.6% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield2.3%
Trailing DPS$3.81
FrequencyAnnual
Payments / 12M4
Payout Safety
Earnings Payout45.8%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak12 years
3Y CAGR9.3%
5Y CAGR22.4%
Yield on Cost (5Y)5.6%
YOC Trendrising
Total Returns
Buyback Yield1.6%
Total Shareholder Yield3.9%
1Y Total Return28.0%
5Y Total Return131.0%
Div Contribution (5Y)20.7%
Estimated $10K growth (return + dividends):
5Y ago$23,09510Y ago$76,28420Y ago$38,193
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (34 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Morgan Stanley distributes 45.8% of earnings as dividends (Sustainable).
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
MS has raised its dividend for 12 consecutive years, with a 3-year CAGR of 9.3% and 5-year CAGR of 22.4%.
Total Shareholder Returns
Beyond cash dividends, MS returns capital through share repurchases. The combined picture: 2.3% dividend yield, 1.6% buyback yield, 3.9% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.6% and is currently rising. The 5-year total return is 131.0%, with dividends contributing 20.7% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $76,284 today.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$16.35
Avg/Payment$0.8175
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jan 30, 2026Latest | $1.0000 | — | 2.15% | Feb 13, 2026 |
| Oct 31, 2025 | $1.0000 | — | 2.35% | Nov 14, 2025 |
| Jul 31, 2025 | $1.0000 | ↑ +8.1% | 2.65% | Aug 15, 2025 |
| Apr 30, 2025 | $0.9250 | — | 3.21% | May 15, 2025 |
| Jan 31, 2025 | $0.9250 | — | 2.62% | Feb 14, 2025 |
| Oct 31, 2024 | $0.9250 | — | 3.05% | Nov 15, 2024 |
| Jul 31, 2024 | $0.9250 | ↑ +8.8% | 3.37% | Aug 15, 2024 |
| Apr 29, 2024 | $0.8500 | — | 3.69% | May 15, 2024 |
Dividend Peer Comparison
Peer group: Investment Banking and M&A Advisory
#4 yield in peer group
Div Yield
2.3%
#4 of 9
Safety
Sustainable
45.8% payout
Streak
12Y
22.4% 5Y CAGR
Total Shareholder
3.9%
#5 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
MSMorgan Stanley | $264.9B | 2.3% | 45.8% | 12 | Sustainable |
GSThe Goldman Sachs Gr… | $267.0B | 1.6% | 31.5% | 12 | Sustainable |
EVREvercore Inc. | $26.9B | 1.1% | 35.9% | 18 | Sustainable |
3rd NMRNomura Holdings, Inc… | $26.6B | 2.6% | 33.0% | 2 | Sustainable |
1st JEFJefferies Financial … | $9.2B | 3.8% | — | 8 | Unknown |
PIPRPiper Sandler Compan… | $4.9B | 1.4% | 40.7% | 0 | Sustainable |
2nd LAZLazard Ltd | $4.8B | 3.5% | 64.0% | 0 | Watch |
MCMoelis & Company | $4.4B | 0.1% | 2.3% | 0 | Sustainable |
HLIHoulihan Lokey, Inc. | $2.5B | 1.5% | 41.3% | 7 | Sustainable |
Annual Dividend History
38 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.00 | — | 1 | — | — | — | 1.5% |
| 2025 | $3.85 | 8.5% | 4 | — | — | — | 5.6% |
| 2024 | $3.55 | 9.2% | 4 | $7.95 | 44.7% | 2.24x | 5.2% |
| 2023 | $3.25 | 10.2% | 4 | $5.18 | 62.7% | 1.59x | 4.8% |
| 2022 | $2.95 | 40.5% | 4 | $6.15 | 48.0% | 2.08x | 4.3% |
| 2021 | $2.10 | 50.0% | 4 | $8.03 | 26.2% | 3.82x | 3.1% |
| 2020 | $1.40 | 7.7% | 4 | $6.46 | 21.7% | 4.61x | 2.0% |
| 2019 | $1.30 | 18.2% | 4 | $5.19 | 25.0% | 3.99x | 1.9% |
| 2018 | $1.10 | 22.2% | 4 | $4.73 | 23.3% | 4.30x | 1.6% |
| 2017 | $0.90 | 28.6% | 4 | $3.08 | 29.2% | 3.42x | 1.3% |
See MS's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does MS pay per share?
Morgan Stanley (MS) pays a trailing 12-month dividend of $3.81 per share, with a current dividend yield of +2.3%. Payments are made Annual.
When is MS's next ex-dividend date?
MS's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. MS typically pays dividends Annual.
Is MS's dividend safe?
MS's dividend safety is rated "Sustainable" based on an earnings payout ratio of +45.8% and FCF payout ratio of N/A. With 12 consecutive years of dividend growth, the track record supports sustainability.
Is MS a Dividend Achiever?
Yes, Morgan Stanley is classified as a Dividend Achiever with 12 consecutive years of dividend increases. The 5-year dividend CAGR is +22.4%, demonstrating above-inflation dividend growth.
How often does MS pay dividends?
Morgan Stanley pays dividends Annual. The trailing 12-month total is $3.81 per share. Dividend data on this page covers 33+ years from 1993 to 2026.
How much would $10,000 invested in MS grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in MS five years ago would be worth approximately $23,095 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is MS's yield on cost for long-term holders?
MS's yield on cost — the current dividend divided by the original purchase price — is +5.6% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.3% market yield, thanks to consistent dividend growth.