DGICB vs MS: Which Is the Better Dividend Stock?
As of Oct 31, 2026, DGICB and MS are closely matched. DGICB offers the higher yield at 3.26%, DGICB has the higher dividend-safety score, and MS looks like the better value (its fair-value estimate is 13% below its share price).
Key facts: DGICB vs MS
Data as of · Source: SmarterDividends data
- As of Oct 31, 2026, Donegal Group Inc. (DGICB) has the higher forward dividend yield at 3.26%, versus 2.50% for Morgan Stanley (MS).
- As of Oct 31, 2026, SmarterDividends grades DGICB's dividend safety A (99/100) and MS's A (82/100).
- By SmarterDividends' count as of Oct 31, 2026, DGICB has raised its dividend for 23 consecutive years and MS for 12.
- As of Oct 31, 2026, DGICB pays out 35% of its earnings as dividends and MS pays out 32%.
- As of Oct 31, 2026, DGICB's fair-value estimate is 53% below its share price and MS's fair-value estimate is 13% below its share price, so MS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DGICB vs MS: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/dgicb-vs-ms
| Metric | DGICB | MS |
|---|---|---|
| Forward yield | 3.26% | 2.50% |
| Annual dividend | $0.70 | $4.60 |
| Payout ratio | 35% | 32% |
| Years of growth | 23 yr | 12 yr |
| 5-yr dividend growth | 4.3% | 22.4% |
| 5-yr total return | 96% | 94% |
| Dividend safety score | 99 (A) | 82 (A) |
| Fair value estimate | $11.80 | $160.88 |
| Upside to fair value | -53% | -13% |
| Frequency | quarterly | quarterly |
| Market cap | $925.9M | $288.4B |
| P/E ratio | 13.4 | 15.1 |
Higher yield
DGICB
3.26%
Safer dividend
DGICB
Grade A
Faster growth
MS
22.4%
Better value
MS
-13% upside
DGICB vs MS — FAQ
Is DGICB or MS a better dividend stock?
DGICB and MS are closely matched. DGICB has the higher yield; DGICB scores better on safety.
Which has a higher dividend yield, DGICB or MS?
DGICB has the higher forward dividend yield at 3.26%, versus 2.50% for MS.
Is DGICB or MS safer?
DGICB has the higher dividend-safety score (99/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is DGICB or MS better value right now?
As of Oct 31, 2026, MS looks like the better value: its fair-value estimate is 13% below its share price (fairly valued). For DGICB, its fair-value estimate is 53% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.