MS vs VLYPP: Which Is the Better Dividend Stock?
As of June 2026, MS (Morgan Stanley) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. VLYPP offers the higher yield at 7.96%, MS has the higher dividend-safety score, and VLYPP trades at the larger discount to fair value (+48%).
| Metric | MS | VLYPP |
|---|---|---|
| Forward yield | 1.87% | 7.96% |
| Annual dividend | $4.00 | $2.00 |
| Payout ratio | 36% | — |
| Years of growth | 12 yr | 1 yr |
| 5-yr dividend growth | 22.4% | 2.9% |
| 5-yr total return | 133% | -10% |
| Dividend safety score | 80 (A) | 78 (B) |
| Fair value estimate | $283.58 | $36.91 |
| Upside to fair value | +32% | +48% |
| Frequency | quarterly | quarterly |
| Market cap | $337.6B | — |
| P/E ratio | 19.4 | 22.5 |
Higher yield
VLYPP
7.96%
Safer dividend
MS
Grade A
Faster growth
MS
22.4%
Better value
VLYPP
+48% upside
MS vs VLYPP — FAQ
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