APO vs MS: Which Is the Better Dividend Stock?
As of Oct 29, 2026, MS (Morgan Stanley) screens as the stronger dividend stock, winning 8 of 8 head-to-head metrics. MS offers the higher yield at 2.46%, MS has the higher dividend-safety score, and MS looks like the better value (its fair-value estimate is 15% below its share price).
Key facts: APO vs MS
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Morgan Stanley (MS) has the higher forward dividend yield at 2.46%, versus 1.97% for Apollo Global Management, Inc. (APO).
- As of Oct 29, 2026, SmarterDividends grades APO's dividend safety C (60/100) and MS's A (82/100).
- By SmarterDividends' count as of Oct 29, 2026, APO has raised its dividend for 3 consecutive years and MS for 12.
- As of Oct 29, 2026, APO pays out 75% of its earnings as dividends and MS pays out 32%.
- As of Oct 29, 2026, APO's fair-value estimate is 54% below its share price and MS's fair-value estimate is 15% below its share price, so MS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "APO vs MS: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/apo-vs-ms
| Metric | APO | MS |
|---|---|---|
| Forward yield | 1.97% | 2.46% |
| Annual dividend | $2.25 | $4.60 |
| Payout ratio | 75% | 32% |
| Years of growth | 3 yr | 12 yr |
| 5-yr dividend growth | 1.0% | 22.4% |
| 5-yr total return | 59% | 89% |
| Dividend safety score | 60 (C) | 82 (A) |
| Fair value estimate | $52.75 | $160.88 |
| Upside to fair value | -54% | -15% |
| Frequency | quarterly | quarterly |
| Market cap | $67.0B | $297.6B |
| P/E ratio | 40.7 | 15.1 |
Higher yield
MS
2.46%
Safer dividend
MS
Grade A
Faster growth
MS
22.4%
Better value
MS
-15% upside
APO vs MS — FAQ
Is APO or MS a better dividend stock?
On the data, MS wins more head-to-head categories (8 vs 0). MS offers the higher yield (2.46%), while MS has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, APO or MS?
MS has the higher forward dividend yield at 2.46%, versus 1.97% for APO.
Is APO or MS safer?
MS has the higher dividend-safety score (82/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.
Is APO or MS better value right now?
As of Oct 29, 2026, MS looks like the better value: its fair-value estimate is 15% below its share price (overvalued). For APO, its fair-value estimate is 54% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.