►‌ ‌Subscribe‌ ‌for‌ ‌new‌ ‌videos‌ ‌every‌ ‌day!:‌ ‌http://bit.ly/dai_youtube ►‌ ‌Mike's‌ ‌"Growth‌ ‌&‌ ‌Income"‌ ‌Portfolio:‌ ‌ http://dividendsandincome.com/mike-nadels-grand-twins-college-fund/ ►‌ ‌Income‌ ‌Builder‌ ‌Portfolio:‌ ‌ https://dividendsandincome.com/income-builder-portfolio/ ►‌ ‌Read it here: https://dividendsandincome.com/2022/04/20/we-just-bought-more-morgan-stanley-ms-for-the-income-builder-portfolio/ When you’ve improved 100%, what do you do for an encore? Wall Street investment bank Morgan Stanley (MS) doubled its dividend last year … and frankly, I highly doubt the company will come even close to doing so again when it makes its next announcement this summer. But I did like that CEO James Gorman said this on April 14 during the 2022 first-quarter earnings call when asked about Morgan Stanley putting its considerable capital to use: "It’s a high-class problem and its a great position to be in. We have been very protective of keeping a sort of buffer on a buffer, because you never know in this world, and I think what we have experienced with the markets in the last quarter were extremely volatile and you just have to — you have to anticipate the worst and make sure you are prepared for that. We clearly have done that. We have been chipping away at the excess capital. … We are clearly going to keep pushing capital distribution through buybacks and dividends to shareholders. That’s clearly the case. We have just done two major acquisitions with about $21 billion. We would do more deals … if they fit with our strategy; we won’t do things that take us offline, off piece. We want to stay true to our strategy and our strengths in our three core businesses." My takeaway from that comment: Morgan Stanley has significant money available, and it will continue using much of it to enrich shareholder value through dividend growth and stock buybacks. The commitment to the dividend is only one of many reasons I decided to add to our MS stake in the Income Builder Portfolio. Check out the video for the full details. FOLLOW US: ► Website: http://www.dividendsandincome.com/ ► YouTube: http://bit.ly/dai_youtube #Invest #DividendGrowth #Dividends $MS LEGAL DISCLAIMER: Please consult with a licensed investment professional before investing any of your money. Never invest in a security or idea featured on this channel unless you can afford to lose your entire investment. If your money is not FDIC insured, it may decline in value. Mike is not a licensed financial advisor, tax professional, or stockbroker and he does not purport to be. Links above may include affiliate commissions paid to the owners of Dividends and Income and help support this channel.