windows - CMD Command to create folder for each file and move file into folder

I need a command that can be run from the command line to create a folder for each file (based on the file-name) in a directory and then move the file into the newly created folders.

Example :

Starting Folder:

Dog.jpg
Cat.jpg

The following command works great at creating a folder for each filename in the current working directory.

for %i in (*) do md "%~ni"

Result Folder:

\Dog\
\Cat\
Dog.jpg
Cat.jpg

I need to take this one step further and move the file into the folder.

What I want to achieve is:

\Dog\Dog.jpg
\Cat\Cat.jpg

Can someone help me with one command to do all of this?