Morgan Stanley dropped Microsoft from its Dividend Equity Portfolio for concerns over dividend sustainability

From Investing.com: 2024-08-31 07:00:00

Morgan Stanley refreshes its Dividend Equity Portfolio, dropping Microsoft to focus on companies with robust dividends and growth potential. Additions General Dynamics and Constellation Energy offer exposure to defense spending and energy demand, with analysts bullish on both stocks. The decision to remove Microsoft reflects concerns over its rising capital expenditures and potential impact on dividend sustainability. Other portfolio adjustments include increased positions in Merck & Co, M&T Bank Corp, and Johnson & Johnson, while reducing exposure to T-Mobile and Starbucks due to competitive pressures.



Read more at Investing.com: Morgan Stanley updated its Dividend Equity Portfolio, dropped this big tech name By Investing.com