10 Best Bank Dividend Stocks To Buy Right Now

8. Morgan Stanley (NYSE:MS)

Number of Hedge Fund Holders: 55

Morgan Stanley (NYSE:MS) ranks eighth on our list of the best dividend stocks from the banking sector. The global financial services company offers a wide range of related services and products to its consumers.

In the fourth quarter of 2024, Morgan Stanley (NYSE:MS)  reported $16.2 billion in revenue, reflecting a 25% increase compared to the same period the previous year. The company’s net income rose to $3.7 billion, or $2.22 per diluted share, up from $1.5 billion, or $0.85 per share, in the prior year. Total client assets across Wealth and Investment Management grew to $7.9 trillion, bolstered by strong market performance and healthy new asset inflows. The company is focusing on four key pillars—strategy, culture, financial strength, and growth—to support its Integrated Firm model and generate long-term value for shareholders.

Morgan Stanley (NYSE:MS) has generated solid returns over the past year, soaring by over 62%. The company recently has been concentrating on expanding its wealth management division, enhancing its technological infrastructure, and maintaining financial stability to adapt to evolving regulations. Its success is driven by improving client services through technological advancements and managing asset growth while effectively navigating regulatory requirements and risks.

Morgan Stanley (NYSE:MS) has returned $150 million to shareholders through dividends in the most recent quarter. The company’s quarterly dividend comes in at $0.925 per share and has a dividend yield of 2.71%, as recorded on February 13.