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
2.0%
Payout Ratio
45.8%
Sustainable
Dividend Streak
11 years
MS Dividend Income Check
Safety
45.8% payout ratio with sustainable safety profile.
Consistency
11 straight years of dividend increases.
Income Trend
Yield on cost is 5.6% and trend is falling.
MS Dividend Scorecard
Yield & Income
Dividend Yield2.0%
Trailing DPS$3.81
FrequencySemi-Annual
Payments / 12M4
Payout Safety
Earnings Payout45.8%
Earnings SafetySustainable
FCF PayoutN/A
FCF SafetyUnknown
Piotroski F-Score5/9
Growth
Growth Streak11 years
3Y CAGR9.3%
5Y CAGR-7.4%
Yield on Cost (5Y)5.6%
YOC Trendfalling
Total Returns
Buyback Yield1.4%
Total Shareholder Yield3.4%
1Y Total Return61.5%
5Y Total Return144.0%
Div Contribution (5Y)20.1%
Estimated $10K growth (return + dividends):
5Y ago$24,40110Y ago$82,63720Y ago$39,748
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.
MS Income Growth Story
Dividend per share and yield on cost over time (34 years of payments)
MS 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 11 consecutive years, with a 3-year CAGR of 9.3% and 5-year CAGR of -7.4%.
Total Shareholder Returns
Beyond cash dividends, MS returns capital through share repurchases. The combined picture: 2.0% dividend yield, 1.4% buyback yield, 3.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 5.6% and is currently falling. The 5-year total return is 144.0%, with dividends contributing 20.1% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $82,637 today.
MS Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$17.00
Avg/Payment$0.8500
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Apr 30, 2026Latest | $1.0000 | — | 2.10% | May 15, 2026 |
| Jan 30, 2026 | $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 |
MS Dividend vs Peers
Comparable companies in the same industry
#4 yield in peer group
Div Yield
2.0%
#4 of 9
Safety
Sustainable
45.8% payout
Streak
11Y
-7.4% 5Y CAGR
Total Shareholder
3.4%
#9 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| MSMorgan Stanley | $301.1B | 2.0% | 45.8% | 11 | Sustainable |
 GSThe Goldman Sachs Gr… | $285.5B | 1.5% | 31.5% | 12 | Sustainable |
 JPMJPMorgan Chase & Co. | $834.2B | 1.7% | 25.3% | 14 | Sustainable |
2nd  BACBank of America Corp… | $404.3B | 2.4% | 31.2% | 6 | Sustainable |
3rd  CCitigroup Inc. | $223.7B | 2.1% | 41.0% | 3 | Sustainable |
 WFCWells Fargo & Compan… | $247.1B | 1.9% | 26.0% | 3 | Sustainable |
 UBSUBS Group AG | $136.9B | 1.6% | 38.7% | 4 | Sustainable |
 RJFRaymond James Financ… | $31.3B | 1.3% | 19.5% | 22 | Sustainable |
1st  SFStifel Financial Cor… | $12.0B | 2.4% | 30.2% | 10 | Sustainable |
MS Annual Dividend History (1989–2026)
38 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $2.00 | — | 2 | — | — | — | 2.9% |
| 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 | -62.8% | 4 | $8.03 | 26.2% | 3.82x | 3.1% |
| 2020 | $5.65 | 334.6% | 5 | $6.46 | 87.5% | 1.14x | 8.3% |
| 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% |
Full MS Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy MS Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See MS's True Return
Price is only half the story. See total return with reinvested dividends.
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DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MS vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonMS — Frequently Asked Questions
Quick answers to the most common questions about buying MS stock.
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 +2.0%. Payments are made Semi-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 Semi-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 11 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 11 consecutive years of dividend increases. The 5-year dividend CAGR is -7.4%, demonstrating modest dividend growth.
How often does MS pay dividends?
Morgan Stanley pays dividends Semi-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 $24,401 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 +2.0% market yield, thanks to the lower original cost basis.