5 Dividend Growth Stocks with Highest Growth Rates

4. Morgan Stanley (NYSE:MS)

3-Year Average Annual Dividend Growth Rate: 32.41%

Morgan Stanley (NYSE:MS) is an American investment management company that offers a wide range of banking and financial services. On April 16, the company announced a quarterly dividend of $0.85 per share, which was in line with its previous dividend. Overall, the company’s three-year average annual dividend growth rate comes in at 32.4%. The stock offers a dividend yield of 3.63%, as recorded on April 23.

According to Insider Monkey’s database of Q4 2023, 56 hedge funds invested in Morgan Stanley (NYSE:MS), compared with 59 in the previous quarter. These stakes have a total value of more than $2.7 billion. Among these hedge funds, Ken Fisher’s Fisher Asset Management was the company’s leading stakeholder in Q4.

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