5 Best Large Cap Dividend Growth Stocks To Buy Now

4. Morgan Stanley (NYSE:MS)

5-Year Dividend Growth Rate: 23.66%

Morgan Stanley (NYSE:MS) is an American financial services company that offers a wide range of related services to its consumers. It is one of the best dividend stocks on our list as the company has grown its dividends by 23.66% on average in the past five years. Currently, it offers a quarterly dividend of $0.85 per share and has a dividend yield of 3.77%, as of April 17.

At the end of December 2023, 56 hedge funds owned stakes in Morgan Stanley (NYSE:MS), compared with 59 in the previous quarter, as per Insider Monkey’s database. The total worth of these stakes is more than $2.7 billion. With over 20.2 million shares, Fisher Asset Management was the company’s leading stakeholder in Q4.

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