Morgan Stanley (MS) will raise its quarterly dividend by 33.3 percent to $0.20 per share in 2016. Last year MS hiked its dividend by 50 percent.
Morgan Stanley is a financial services firm providing investment banking, securities, wealth management and investment management services. The company serves clients worldwide including corporations, governments, institutions and individuals. Morgan Stanley has increased its dividend every year since 2014. During the financial crisis in 2009 the quarterly payment was cut by 81.5 percent.