MORGAN STANLEY (MS) closed fiscal year 2025 with 1.58 B shares outstanding and a dividend of 3.85 USD per share.
MORGAN STANLEY (MS) closed fiscal year 2025 with 1.58 B shares outstanding and a dividend of 3.85 USD per share. Over the year the share count fell by 23.8 M shares on a net basis. Since 2008 the share count has grown by 47.3 %. The dividend per share was 3.85 USD, up 8.5 % year on year. Total dividends paid came to 6.59 B USD, spread over 4 payments. The series covers 17 fiscal years, from 2009 to 2025. Per-share amounts are stated in USD. Share counts and dividends come from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares outstanding, year-end | 1.07B | 1.36B | 1.51B | 1.93B | 1.94B | 1.94B | 1.95B | 1.92B | 1.85B | 1.79B | 1.70B | 1.59B | 1.81B | 1.77B | 1.68B | 1.63B | 1.61B | 1.58B |
| Shares issued — SBC/options | — | 286M | 151M | 415M | 17.9M | 0.00M | 6.13M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 216M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M |
| Shares issued (%) | — | 21.03 % | 10.01 % | 21.54 % | 0.92 % | 0.00 % | 0.31 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 11.93 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Shares repurchased | — | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | 0.00M | -31.0M | -68.0M | -64.0M | -88.0M | -106M | 0.00M | -38.0M | -97.0M | -48.0M | -20.3M | -23.8M |
| Shares repurchased (%) | — | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | -1.61 % | -3.67 % | -3.58 % | -5.18 % | -6.65 % | 0.00 % | -2.14 % | -5.79 % | -2.95 % | -1.27 % | -1.50 % |
| Net addition/reduction | — | 286M | 151M | 415M | 17.9M | 0.00M | 6.13M | -31.0M | -68.0M | -64.0M | -88.0M | -106M | 216M | -38.0M | -97.0M | -48.0M | -20.3M | -23.8M |
| Net addition/reduction (%) | — | 21.03 % | 10.01 % | 21.54 % | 0.92 % | 0.00 % | 0.31 % | -1.61 % | -3.67 % | -3.58 % | -5.18 % | -6.65 % | 11.93 % | -2.14 % | -5.79 % | -2.95 % | -1.27 % | -1.50 % |
Fiscal year end: December
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share (DPS) | 0.44 | 0.20 | 0.20 | 0.20 | 0.20 | 0.35 | 0.55 | 0.70 | 0.90 | 1.10 | 1.30 | 1.40 | 2.10 | 2.95 | 3.25 | 3.55 | 3.85 |
| Payout Ratio (%) | 128.68 % | 24.58 % | 20.29 % | 689.71 % | 16.20 % | 26.07 % | 23.75 % | 29.20 % | 34.12 % | 27.15 % | 29.05 % | 24.91 % | 27.74 % | 48.97 % | 63.42 % | 45.84 % | 39.10 % |
| Number of payments | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 |
| Dividends paid (total) | 1.73B | 1.16B | 0.83B | 0.47B | 0.48B | 0.90B | 1.46B | 1.75B | 2.09B | 2.38B | 2.63B | 2.74B | 4.17B | 5.40B | 5.76B | 6.14B | 6.59B |
| Dividend Yield (%) | 1.49 % | 0.72 % | 1.34 % | 1.07 % | 0.64 % | 0.90 % | 1.71 % | 1.64 % | 1.71 % | 2.79 % | 2.54 % | 2.06 % | 2.10 % | 3.49 % | 3.47 % | 2.80 % | 2.12 % |
Figures in USD