MSDL Dividend History & Analysis | 12.3% Yield

MSDL has a dividend yield of 12.3% and paid 1.9 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 12.28%
Payout Ratio 96.9%
Growth Rate CAGR 5y 29.2%
Consistency Lifetime 97%
Yield on Cost 5y 12.1%
Payout FCF 79.1%
Streak Years -
Dividend Rating 79.5%
Chowder Number yield + growth 41.5% meets 12% target for healthy growth
Yield vs Average 5y +37.9% avg 8.9% vs now 12.28%
Debt / EBITDA leverage 10.7x elevated
Income per 10k invested 1,228 USD per year
Dividends Cash Amount per Share Yearly MSDL annual dividends paid per share, showing the total cash Morgan Stanley Direct distributed to shareholders each year.
Dividend Growth Year over Year MSDL year-over-year dividend growth rate, showing how Morgan Stanley Direct's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History MSDL dividend yield history versus share price over the past 5 years, showing how Morgan Stanley Direct's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Diversified Financial Services

Top 8 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
BMED MI
Banca Mediolanum
18,896 M 6.78% 23.86%
KBCA BR
KBC Ancora
7,299 M 5.57% 18.98%
JXN NYSE
Jackson Financial
7,408 M 3.34% 13.62%
CRBG NYSE
Corebridge Financial
13,879 M 3.40% 6.09%
IX NYSE
Orix Ads
42,663 M 2.87% 6.97%
ALRS NASDAQ
Alerus Financial
782 M 3.50% 3.48%
EQH NYSE
Axa Equitable Holdings
11,977 M 2.55% 4.25%
VOYA NYSE
Voya Financial
8,556 M 2.52% 3.29%
Top 6 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
VOYA NYSE
Voya Financial
8,556 M 36.86% 100.0%
JXN NYSE
Jackson Financial
7,408 M 13.07% 100.0%
EQH NYSE
Axa Equitable Holdings
11,977 M 10.31% 100.0%
BMED MI
Banca Mediolanum
18,896 M 15.44% 90.7%
ALRS NASDAQ
Alerus Financial
782 M 5.97% 100.0%
KBCA BR
KBC Ancora
7,299 M 3.40% 88.3%

MSDL Dividend History

Dividend Monthly Return EX date, 2.3 years of data

Jan - -
Feb - -
Mar 2.63% 100
Apr - -
May - -
Jun 2.60% 100
Jul - -
Aug 0.25% 41
Sep 2.80% 82
Oct - -
Nov 0.25% 41
Dec 2.72% 82

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 12 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-06-30 2026-06-30 2026-07-24 Quarterly 0.45 0% 2.97%
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 July 2026, MSDL's dividend yield is 12.28%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.90 USD by the current share price of 15.42.

Does MSDL pay a dividend?

As of July 2026, MSDL paid a dividend of 1.90 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 4 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 13.0%.

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 currently unknown.

What is the next Ex-Dividend Date for MSDL?

The next Ex-Dividend date for Morgan Stanley Direct (MSDL) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of MSDL?

MSDL's average dividend growth rate over the past 5 years is 29.2% per year. Strong growth: MSDL's dividend growth is outpacing inflation.

What is the Yield on Cost of MSDL?

MSDL's 5-Year Yield on Cost is 12.1%. If you bought MSDL's shares at 15.67 USD five years ago, your current annual dividend income (1.90 USD per share, trailing 12 months) equals 12.1% 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 12.28% 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 96.9%. Very high - REITs and BDCs are required by law to distribute 90% or more of their taxable income as dividends, making high payout ratios standard. Otherwise, proceed with caution.

What is the Dividend Rating of MSDL?

MSDL's Overall Dividend Rating is 79.48%. 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: 2026-07-03 03:03 UTC