Best Dividend Stocks to Buy Now: Morgan Stanley Stock ( MS Stock )

Introduction

Welcome to the latest update from Dark Dividend! I'm thrilled to share that I’ve passed my nurse practitioner boards and I'm ready to dive back into the world of investing and passive income strategies. Today, I'm here to discuss a dividend growth stock that I’ve come to love—Morgan Stanley (MS).

Overview of Morgan Stanley (MS)

Morgan Stanley currently trades at $ 98.25, boasting a dividend yield of 3.77% and a PE ratio of 16.17. With a market cap of approximately $ 158.36 billion and an average volume of 5.44 million, Morgan Stanley has shown impressive performance over the past five years, outpacing the S&P 500 substantially.

Performance Metrics

52-week Range: $ 69.42 to $ 109.11
Day Range: $ 96.85 to $ 98.74
Previous Close: $ 96.64

Recent Income Statement Trends

Morgan Stanley's recent performance metrics are quite impressive:

March 2024: Revenue rose 6.01% to $ 15.14 billion, with operating expenses at $ 7.99 billion. Notably, net income grew 14.50% to $ 3.41 billion, yielding a net profit margin of 22.53% and earnings per share of $ 2.04, up 17.15%.
June 2024: Revenue increased 12.39% to $ 14.94 billion, with net income at $ 3.08 billion and a net profit margin of 20.58%. Earnings per share climbed to $ 1.82, reflecting a 26.76% increase.

Revenue Growth Over the Last Decade

The revenue growth for Morgan Stanley over the past decade shows a consistent upward trend:

2013: $ 32,490 million
2014: $ 34,275 million
2015: $ 35,155 million
2016: $ 34,631 million
2017: $ 37,945 million
2018: $ 41,071 million
2019: $ 41,538 million
2020: $ 48,757 million
2021: $ 59,755 million
2022: $ 53,668 million
2023: $ 54,193 million

Dividend History

The dividend consistency of Morgan Stanley makes it even more appealing:

2014: $ 0.10
2015: $ 0.15
2016: $ 0.20
2017: $ 0.25
2018: $ 0.30
2019: $ 0.35
2020 and beyond: Stayed at $ 0.35 until it rose to $ 0.85 in 2023 and expects to reach $ 0.993 in 2024.

Key Metrics

Payout Ratio: 54%
Dividend Increases Last 5 Years: 4
Dividend Growth (5 Years): 28.06%

Currently, I own about $ 394.187 in Morgan Stanley shares. My strategy emphasizes using passive income from various sources to bolster my dividend growth stocks portfolio. While I only own four shares as of now, my long-term goal is to build it to 100 shares to maximize the benefits of Morgan Stanley’s dividend growth trajectory.

Keyword

Morgan Stanley, dividend growth, stock market, passive income, financial analysis, investing, dividend yield, revenue growth, earnings, net income.

FAQ

Q1: What is the current dividend yield for Morgan Stanley?
A1: The current dividend yield for Morgan Stanley is 3.77%.

Q2: How has Morgan Stanley performed compared to the S&P 500?
A2: Morgan Stanley has significantly outperformed the S&P 500 over the past five years.

Q3: What was the revenue growth in March 2024?
A3: Revenue was up 6.01% to $ 15.14 billion in March 2024.

Q4: How many times has Morgan Stanley increased its dividend in the last five years?
A4: Morgan Stanley has increased its dividend four times in the past five years, resulting in a growth of 28.06%.

Q5: What is the market cap of Morgan Stanley?
A5: Morgan Stanley has a market cap of approximately $ 158.36 billion.

As I continue my investing journey, I will be posting more content to keep you updated on my progress. Be sure to subscribe, and let's grow our wealth together!