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Morgan Stanley Raising Dividend, Reauthorizes Share Repurchase
Based on Tuesday's closing share price of $141.07, the proposed new dividend, $4 per share on an annual basis, represents a yield of about 2.8%. The company also said its board reauthorized a multi-year share repurchase program for up to $20 billion.
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Katerina Simonetti, Morgan Stanley executive director, joins 'The Exchange' to discuss the Fed's path forward and her market ...
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