Morgan Stanley (MS) will raise its quarterly dividend by 25 percent to $0.25 per share. The new dividend will be paid on August 15, 2017 to shareholders of record on July 31, 2017.
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.