Morgan Stanley Boosts Dividend 15% to $1.15 and Greenlights $20B Buyback
MS•Morgan Stanley's board raised its quarterly dividend by 15% to $1.15 per share for Q3 2026, up from $1.00. It also reauthorized a multi-year common equity repurchase program of up to $20 billion with no fixed end date beginning in Q3.
1. Dividend Increase Details
Morgan Stanley's board approved a 15% increase in the quarterly dividend, raising it to $1.15 per share from $1.00. This payout hike will take effect in the third quarter of 2026, reflecting the firm’s strong earnings momentum and capital position.
2. $20 Billion Share Repurchase Program
The board reauthorized a multi-year common equity repurchase program of up to $20 billion with no fixed end date, set to begin in Q3 2026. This program gives Morgan Stanley flexibility to deploy capital to enhance shareholder value over time.
3. Underlying Capital Strength
These shareholder return actions follow the U.S. Federal Reserve’s stress test results, which confirmed that Morgan Stanley maintains robust capital buffers capable of weathering severe economic downturns while continuing to lend to clients.
