---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-23-009776"
form_type: "8-K"
ticker: "MS"
cik: "0000895421"
company_name: "MORGAN STANLEY"
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T14:33:06.892884+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Morgan Stanley raises quarterly dividend to $0.85 (9.7% increase) and authorizes $20B buyback

## Summary
- Quarterly common stock dividend increased to $0.85 per share from $0.775, effective Q3 2023.
- Board reauthorized up to $20B multi-year common equity share repurchase program, no expiration.
- Federal Reserve CCAR 2023 results yield Stress Capital Buffer of 5.4% for Oct 2023-Sep 2024.
- Aggregate Basel III standardized CET1 ratio expected at 12.9%; actual was 15.1% as of Mar 31, 2023.
- CEO James Gorman cited resilience of Wealth & Investment Management and strong capital position.

## SEC filing metadata
- accession: 0000950103-23-009776
- form_type: 8-K
- ticker: MS
- cik: 0000895421
- company_name: MORGAN STANLEY
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895421/000095010323009776/0000950103-23-009776-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895421/000095010323009776/dp196201_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-23-009776
- JSON: https://secwatch.observer/filing/0000950103-23-009776.json
- Plain text: https://secwatch.observer/filing/0000950103-23-009776.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.