Morgan Stanley to implement 8.8% dividend hike; renews $20B share buyback (NYSE:MS)
2024-06-28
Mario Tama/Getty Images News Morgan Stanley (NYSE:MS) will increase its quarterly dividend by 8.8% and its board reauthorized a $20B multi-year stock repurchase program after the lender passed the Federal Reserve’s 2024 stress test, it said on Friday. The company will pay a new quarterly dividend of $0.925 starting inContinue Reading