dividend
confidence high
sentiment positive
materiality 0.80
Morgan Stanley raises quarterly dividend 11% to $0.775, authorizes $20B buyback
MORGAN STANLEY
- Quarterly dividend raised to $0.775/share from $0.70, an 11% increase, starting with Q3 2022 declaration.
- Board authorizes new $20B multi-year share repurchase program, no set expiration, beginning Q3 2022.
- CEO Gorman cites durable earnings from Wealth Management and Investment Management for robust capital return.
- Stress Capital Buffer set at 5.8% for Oct 2022–Sep 2023 per CCAR 2022; CET1 ratio was 14.5% at March 2022.