Morgan Stanley ( MS ) will begin trading ex-dividend on October 30, 2018. A cash dividend payment of $0.3 per share is scheduled to be paid on November 15, 2018. Shareholders who purchased MS prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over prior dividend payment. At the current stock price of $43.97, the dividend yield is 2.73%.
The previous trading day's last sale of MS was $43.97, representing a -25.95% decrease from the 52 week high of $59.38 and a 2.54% increase over the 52 week low of $42.88.
MS is a part of the Finance sector, which includes companies such as Goldman Sachs Group, Inc. ( GS ) and BlackRock, Inc. ( BLK ). MS's current earnings per share, an indicator of a company's profitability, is $4.21. Zacks Investment Research reports MS's forecasted earnings growth in 2018 as 37.1%, compared to an industry average of 38.2%.
Interested in gaining exposure to MS through an Exchange Traded Fund [ETF]?
The following ETF(s) have MS as a top-10 holding:
- iShares U.S. Broker-Dealers & Securities Exchanges ETF ( IAI )
- Invesco Dynamic Large Cap Value ETF ( PWV )
- SPDR S&P Capital Markets ETF ( KCE )
- Strategy Shares US Market Rotation Strategy ETF ( HUSE )
- SPDR Select Sector Fund - Financial ( XLF ).
The top-performing ETF of this group is PWV with an decrease of -6.69% over the last 100 days. IAI has the highest percent weighting of MS at 9.16%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of NASDAQ, Inc.