These companies are likely to reward investors with special dividends and outperformance, Morgan Stanley says

A select group of stocks might be primed to offer investors an appealing combination of unexpected income and price appreciation, according to Morgan Stanley. Special dividends – one-time payments companies make to shareholders outside of their regular dividend cycle – tend to result in higher share prices, according to Todd Castagno, a strategist at Morgan Stanley.

Alphabet made Morgan Stanley's list. Earlier this year, the tech giant authorized its first dividend of 20 cents per share, along with a $70 billion share repurchase. The Google parent's shares are up more than 30% this year, and they offer a modest dividend yield of 0.4%.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This is the next $100 billion cybersecurity company: Morgan StanleyThis is the next $100 billion cybersecurity company: Morgan Stanley
Source: Investingcom - 🏆 450. / 53 Read more »

Morgan Stanley revisits streaming stocks and share top picksMorgan Stanley revisits streaming stocks and share top picks
Source: Investingcom - 🏆 450. / 53 Read more »

Buy these stocks where AI is becoming core to the investment thesis, Morgan Stanley saysThese stocks with a rising exposure to artificial intelligence could see continued outperformance in 2024, according to Morgan Stanley.
Source: CNBC - 🏆 12. / 72 Read more »