MSDL Dividend History & Analysis | 12% Yield

MSDL has a dividend yield of 12% and paid 2.4 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 12.03%
Payout Ratio 109.6%
Growth Rate CAGR 5y -9.09%
Consistency Lifetime 97.0%
Yield on Cost 5y 14.88%
Payout FCF 105.5%
Streak Years -
Dividend Rating 34.74%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
Payout Yield (right) Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Diversified Financial Services

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
BMED 16,347 M 6.79% 24.56%
JXN 7,663 M 3.49% 16.69%
CRBG 12,588 M 3.33% 7.52%
VOYA 7,384 M 2.60% 3.83%
EQH 11,987 M 2.30% 3.74%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
JXN 7,663 M 59.05% 100.0%
VOYA 7,384 M 27.21% 95.0%
CRBG 12,588 M 27.79% 76.8%
EQH 11,987 M 10.28% 100.0%
ALRS 680 M 7.14% 98.4%
Quality Dividend Peers in Diversified Financial Services VOYA Voya Financial
2.60% Yield
MSDL Dividend History: Last 12 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-30 2026-06-30 2026-07-24 Quarterly 0.45 0% N/A
2026-03-31 2026-03-31 2026-04-24 Quarterly 0.45 -10% 3.2%
2025-12-31 2025-12-31 2026-01-23 Quarterly 0.5 0% 3.04%
2025-09-30 2025-09-30 2025-10-24 Quarterly 0.5 0% 3.09%
2025-06-30 2025-06-30 2025-07-25 Quarterly 0.5 0% 2.67%
2025-03-31 2025-03-31 2025-04-25 Quarterly 0.5 0% 2.49%
2024-12-31 2024-12-31 2025-01-24 Quarterly 0.5 +400% 2.4%
2024-11-04 2024-11-04 2025-01-24 Other 0.1 -80% 0.5%
2024-09-30 2024-09-30 2024-10-25 Quarterly 0.5 +400% 2.51%
2024-08-05 2024-08-05 2024-10-25 Other 0.1 -80% 0.51%
2024-06-28 2024-06-28 2024-07-25 Quarterly 0.5 0% 2.15%
2024-03-27 2024-03-29 2024-04-25 Quarterly 0.5 0% 2.22%

MSDL Dividend FAQ

What is the Dividend Yield of MSDL?

As of May 2026, MSDL's dividend yield is 12.03%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 2.40 USD by the current share price of 15.20.

Does MSDL pay a dividend?

As of May 2026, MSDL paid a dividend of 2.40 USD in the last 12 months. The last dividend was paid on 2026-06-30 and the payout was 0.45 USD.

How often does MSDL pay dividends?

MSDL pays dividends quarterly. Over the last 12 months, MSDL has issued 5 dividend payments. The last dividend payment was made on 2026-06-30.

MSDL dividend forecast

Based on historical data, the forecasted dividends per share for MSDL for the next payments are between 0.42 (-6.7%) and 0.593 (+31.8%). This represents a strong dividend growth compared to the last payment. The expected Yield for the next 12 months is about 13.2%.

Will MSDL pay dividends in 2026?

The latest dividend paid per share was 0.45 USD with an Ex-Dividend Date of 2026-06-30. The next Ex-Dividend date for Morgan Stanley Direct (MSDL) is 2026-06-30.

What is the next Ex-Dividend Date for MSDL?

The next Ex-Dividend date for Morgan Stanley Direct (MSDL) is 2026-06-30.

What is the Dividend Growth of MSDL?

MSDL's average dividend growth rate over the past 5 years is -9.09% per year. Negative growth: MSDL's dividend growth is negative and declining.

What is the Yield on Cost of MSDL?

MSDL's 5-Year Yield on Cost is 14.9%. If you bought MSDL's shares at 16.13 USD five years ago, your current annual dividend income (2.40 USD per share, trailing 12 months) equals 14.9% of your original purchase price.

What is the Payout Consistency of MSDL?

MSDL Payout Consistency is 97.0%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Morgan Stanley Direct has a strong track record of consistent dividend payments over its lifetime.

Does MSDL have a good Dividend Yield?

MSDL's 12.03% Dividend Yield is considered as extremely high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of MSDL?

The Dividend Payout Ratio of MSDL is 109.6%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of MSDL?

MSDL's Overall Dividend Rating is 34.74%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

MSDL Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in MSDL's Outstanding Shares?

Morgan Stanley Direct's outstanding shares have increased by approximately 2.03% annually over the past 3 years (Trend Reliability: -31.5%). Neutral: Share count is relatively stable with minor dilution. This has minimal impact on dividend per share calculations.

Has MSDL ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2020 47,784,500 0%
2021 88,278,800 +84.74%
2022 76,190,500 -13.69%
2023 81,981,400 +7.6%
2024 89,264,700 +8.88%
2025 87,270,100 -2.23%
2026 85,775,100 -1.71%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-05-22 02:51 UTC