CCD vs MS: Which Is the Better Dividend Stock?
As of Oct 31, 2026, MS (Morgan Stanley) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. CCD offers the higher yield at 10.92%, CCD has the higher dividend-safety score, and CCD looks like the better value (its fair-value estimate is 71% above its share price).
Key facts: CCD vs MS
Data as of · Source: SmarterDividends data
- As of Oct 31, 2026, Calamos Dynamic Convertible and Income Fund (CCD) has the higher forward dividend yield at 10.92%, versus 2.50% for Morgan Stanley (MS).
- As of Oct 31, 2026, SmarterDividends grades CCD's dividend safety A (82/100) and MS's A (82/100).
- By SmarterDividends' count as of Oct 31, 2026, CCD has raised its dividend for 0 consecutive years and MS for 12.
- As of Oct 31, 2026, CCD pays out 28% of its earnings as dividends and MS pays out 32%.
- As of Oct 31, 2026, CCD's fair-value estimate is 71% above its share price and MS's fair-value estimate is 13% below its share price, so CCD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CCD vs MS: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/ccd-vs-ms
| Metric | CCD | MS |
|---|---|---|
| Forward yield | 10.92% | 2.50% |
| Annual dividend | $2.34 | $4.60 |
| Payout ratio | 28% | 32% |
| Years of growth | 0 yr | 12 yr |
| 5-yr dividend growth | 3.1% | 22.4% |
| 5-yr total return | -30% | 94% |
| Dividend safety score | 82 (A) | 82 (A) |
| Fair value estimate | $36.59 | $160.88 |
| Upside to fair value | +71% | -13% |
| Frequency | monthly | quarterly |
| Market cap | $612.2M | $288.4B |
| P/E ratio | 2.5 | 15.1 |
Higher yield
CCD
10.92%
Safer dividend
CCD
Grade A
Faster growth
MS
22.4%
Better value
CCD
+71% upside
CCD vs MS — FAQ
Is CCD or MS a better dividend stock?
On the data, MS wins more head-to-head categories (4 vs 3). CCD offers the higher yield (10.92%), while CCD has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CCD or MS?
CCD has the higher forward dividend yield at 10.92%, versus 2.50% for MS.
Is CCD or MS safer?
CCD has the higher dividend-safety score (82/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is CCD or MS better value right now?
As of Oct 31, 2026, CCD looks like the better value: its fair-value estimate is 71% above its share price (undervalued). For MS, its fair-value estimate is 13% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.