MS vs TRV: Which Is the Better Dividend Stock?
As of Oct 29, 2026, TRV (The Travelers Companies, Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. MS offers the higher yield at 2.46%, TRV has the higher dividend-safety score, and TRV looks like the better value (its fair-value estimate is 34% above its share price).
Key facts: MS vs TRV
Data as of · Source: SmarterDividends data
- As of Oct 29, 2026, Morgan Stanley (MS) has the higher forward dividend yield at 2.46%, versus 1.26% for The Travelers Companies, Inc. (TRV).
- As of Oct 29, 2026, SmarterDividends grades MS's dividend safety A (82/100) and TRV's A (93/100).
- By SmarterDividends' count as of Oct 29, 2026, MS has raised its dividend for 12 consecutive years and TRV for 20.
- As of Oct 29, 2026, MS pays out 32% of its earnings as dividends and TRV pays out 12%.
- As of Oct 29, 2026, MS's fair-value estimate is 15% below its share price and TRV's fair-value estimate is 34% above its share price, so TRV looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MS vs TRV: Dividend Yield, Safety & Value Compared," updated Oct 29, 2026, https://smarterdividends.com/compare/ms-vs-trv
| Metric | MS | TRV |
|---|---|---|
| Forward yield | 2.46% | 1.26% |
| Annual dividend | $4.60 | $5.00 |
| Payout ratio | 32% | 12% |
| Years of growth | 12 yr | 20 yr |
| 5-yr dividend growth | 22.4% | 5.2% |
| 5-yr total return | 89% | 171% |
| Dividend safety score | 82 (A) | 93 (A) |
| Fair value estimate | $160.88 | $529.86 |
| Upside to fair value | -15% | +34% |
| Frequency | quarterly | quarterly |
| Market cap | $297.6B | $80.7B |
| P/E ratio | 15.1 | 10.4 |
Higher yield
MS
2.46%
Safer dividend
TRV
Grade A
Faster growth
MS
22.4%
Better value
TRV
+34% upside
MS vs TRV — FAQ
Is MS or TRV a better dividend stock?
On the data, TRV wins more head-to-head categories (6 vs 2). MS offers the higher yield (2.46%), while TRV has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, MS or TRV?
MS has the higher forward dividend yield at 2.46%, versus 1.26% for TRV.
Is MS or TRV safer?
TRV has the higher dividend-safety score (93/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is MS or TRV better value right now?
As of Oct 29, 2026, TRV looks like the better value: its fair-value estimate is 34% above its share price (undervalued). For MS, its fair-value estimate is 15% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.