Morgan Stanley announced an increase in its quarterly common stock dividend to $1.15 per share from $1.00 per share, effective for the third quarter of 2026. Additionally, the Board reauthorized a $20 billion multi-year common equity share repurchase program. The company's Stress Capital Buffer requirement remains unchanged following the Federal Reserve's 2026 supervisory stress tests. Morgan Stanley is a global financial services firm providing investment banking, wealth management, and investment management services.