dividend
confidence high
sentiment positive
materiality 0.75
Morgan Stanley raises quarterly dividend to $0.925/share, authorizes $20B buyback
MORGAN STANLEY
- Quarterly dividend raised to $0.925/share from $0.85 (8.8% increase), effective Q3 2024.
- Board authorized $20 billion multi-year share repurchase program with no set expiration date, starting Q3 2024.
- Federal Reserve stress test results imply SCB of 6.0%; CET1 ratio 15.0% as of March 31, 2024.
- CEO Ted Pick highlights third consecutive year of dividend increase.