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Morgan Stanley logoMorgan Stanley MS

Morgan Stanley said it will increase its quarterly common stock dividend to $1.00 per share from the current $0.925 per share, starting with the dividend expected to be declared by its Board of Directors on July 1, 2025. The company said the dividend will apply beginning with the dividend expected to be declared in Q3 2025.

8-KOther EventsFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Morgan Stanley said it will increase its quarterly common stock dividend to $1.00 per share from the current $0.925 per share, starting with the dividend expected to be declared by its Board of Directors on July 1, 2025. The company said the dividend will apply beginning with the dividend expected to be declared in Q3 2025.

  2. The company said its board reauthorized a multi-year common equity share repurchase program of up to $20 billion, with no set expiration date, starting in Q3 2025. The company said repurchases will be made from time to time at prices it deems appropriate, depending on the company's view of current conditions.

  3. The company said that, following the Federal Reserve's 2025 stress test results, it expects under current regulatory standards to be subject to a Stress Capital Buffer of 5.1% from October 1, 2025 to September 30, 2026.

  4. The company said its U.S. Basel III Standardized Approach CET1 ratio, including the Stress Capital Buffer of 5.1% and other regulatory capital framework elements, will be 12.6%. The company's U.S. Basel III Standardized Approach CET1 ratio was 15.3% as of March 31, 2025.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Dividend to Rise to $1.00 per Share

Morgan Stanley said it will increase its quarterly common stock dividend to $1.00 per share from the current $0.925 per share, starting with the dividend expected to be declared by its Board of Directors on July 1, 2025. The company said the dividend will apply beginning with the dividend expected to be declared in Q3 2025.

Source · Based on the filing body and exhibits

Board Reauthorizes $20 billion Share Repurchase Program

The company said its board reauthorized a multi-year common equity share repurchase program of up to $20 billion, with no set expiration date, starting in Q3 2025. The company said repurchases will be made from time to time at prices it deems appropriate, depending on the company's view of current conditions.

Source · Based on the filing body and exhibits

Stress Capital Buffer of 5.1%

The company said that, following the Federal Reserve's 2025 stress test results, it expects under current regulatory standards to be subject to a Stress Capital Buffer of 5.1% from October 1, 2025 to September 30, 2026.

Source · Based on the filing body and exhibits

CET1 Ratio of 12.6% and 15.3%

The company said its U.S. Basel III Standardized Approach CET1 ratio, including the Stress Capital Buffer of 5.1% and other regulatory capital framework elements, will be 12.6%. The company's U.S. Basel III Standardized Approach CET1 ratio was 15.3% as of March 31, 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.