MS vs RJF: Which Is the Better Dividend Stock?
As of Oct 31, 2026, MS and RJF are closely matched. MS offers the higher yield at 2.50%, RJF has the higher dividend-safety score, and RJF looks like the better value (its fair-value estimate is 5% above its share price).
Key facts: MS vs RJF
Data as of · Source: SmarterDividends data
- As of Oct 31, 2026, Morgan Stanley (MS) has the higher forward dividend yield at 2.50%, versus 1.37% for Raymond James Financial, Inc. (RJF).
- As of Oct 31, 2026, SmarterDividends grades MS's dividend safety A (82/100) and RJF's A (99/100).
- By SmarterDividends' count as of Oct 31, 2026, MS has raised its dividend for 12 consecutive years and RJF for 16.
- As of Oct 31, 2026, MS pays out 32% of its earnings as dividends and RJF pays out 18%.
- As of Oct 31, 2026, MS's fair-value estimate is 13% below its share price and RJF's fair-value estimate is 5% above its share price, so RJF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MS vs RJF: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/ms-vs-rjf
| Metric | MS | RJF |
|---|---|---|
| Forward yield | 2.50% | 1.37% |
| Annual dividend | $4.60 | $2.16 |
| Payout ratio | 32% | 18% |
| Years of growth | 12 yr | 16 yr |
| 5-yr dividend growth | 22.4% | 15.2% |
| 5-yr total return | 94% | 60% |
| Dividend safety score | 82 (A) | 99 (A) |
| Fair value estimate | $160.88 | $164.38 |
| Upside to fair value | -13% | +5% |
| Frequency | quarterly | quarterly |
| Market cap | $288.4B | $30.2B |
| P/E ratio | 15.1 | 13.2 |
Higher yield
MS
2.50%
Safer dividend
RJF
Grade A
Faster growth
MS
22.4%
Better value
RJF
+5% upside
MS vs RJF — FAQ
Is MS or RJF a better dividend stock?
MS and RJF are closely matched. MS has the higher yield; RJF scores better on safety.
Which has a higher dividend yield, MS or RJF?
MS has the higher forward dividend yield at 2.50%, versus 1.37% for RJF.
Is MS or RJF safer?
RJF has the higher dividend-safety score (99/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is MS or RJF better value right now?
As of Oct 31, 2026, RJF looks like the better value: its fair-value estimate is 5% above its share price (fairly valued). 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.