Morgan Stanley (MS) Stock: Quarterly Dividend Declared

By Amit Chowdhry ● Apr 14, 2022
  • The Morgan Stanley (NYSE: MS) Board has declared a quarterly dividend. These are the details.

The Morgan Stanley (NYSE: MS) Board of Directors declared a $0.70 quarterly dividend per share, payable on May 13, 2022, to common shareholders of record on April 29, 2022. And Morgan Stanley repurchased $2.9 billion of its outstanding common stock during the quarter as part of its Share Repurchase Program.

Morgan Stanley also reported net revenues of $14.8 billion for the first quarter ended March 31, 2022, compared with $15.7 billion a year ago. And net income applicable to Morgan Stanley was $3.7 billion, or $2.02 per diluted share, compared with a net income of $4.1 billion, or $2.19 per diluted share, for the same period a year ago.

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