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Scoreboard / MS

Morgan Stanley MS

Issue No. 01 pick · June 26, 2026 · Updated July 18, 2026

Financials

Setup Snapshot

The Setup in One Card

How MS moved and the catalyst behind the move, from its Issue No. 01 write-up. It is not on the current Scoreboard, so it carries no Friday Five Score this week.

Issue No. 01

Original Pick

June 2026 Return

MS+0.50%

Sector Trend

Improving+2.18%

Covered In

Issue No. 01 · June 26, 2026

Catalyst

Capital Returns

Cleared the Fed stress test, raised the dividend 15% to $1.15 per quarter, and reauthorized a $20 billion buyback

Return measured from the Friday, May 29 close to the Tuesday, June 30 close, the same window as the June Monthly Leaders.

Why It Moved

The Story Behind the Move

MS+0.50% in June 2026

Catalyst

Cleared the Fed stress test, raised the dividend 15% to $1.15 per quarter, and reauthorized a $20 billion buyback

Why It Mattered

The same capital return story as JPMorgan, with the most aggressive dividend action of the group: a 15% hike to $1.15 per quarter, the biggest among the major banks, plus a reauthorized $20 billion buyback.

Risk Note

Morgan Stanley leans heavily on capital markets and wealth management flows, so a slowdown in deal-making and trading would pressure results. The capital return theme was also already partly priced in when the results landed.

Reader Takeaway

A dividend hike is real cash, but when the whole group announces at once, much of the story is already in the price. Watch deal and trading activity, not just the payout.

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