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Morgan Stanley's Q2 Earnings, Net Revenue Rise; Quarterly Dividend Lifted
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Morgan Stanley's Q2 Earnings, Net Revenue Rise; Quarterly Dividend Lifted
Jul 16, 2024 5:19 AM

07:49 AM EDT, 07/16/2024 (MT Newswires) -- Morgan Stanley ( MS ) reported Q2 earnings Tuesday of $1.82 per diluted share, up from $1.24 a year earlier.

Analysts polled by Capital IQ expected $1.65.

Net revenue for the quarter ended June 30 was $15.02 billion, compared with $13.46 billion a year earlier.

Analysts surveyed by Capital IQ expected $14.31 billion.

The company said its board raised its quarterly dividend to $0.925 per share, payable Aug. 15 to shareholders of record as of July 31.

Price: 102.72, Change: -2.54, Percent Change: -2.41

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