Morgan Stanley Declares Dividends on Its Preferred Stock

Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues:

  • Floating Rate Non-Cumulative Preferred Stock, Series A – $406.04 per share (equivalent to $0.406045 per Depositary Share)
  • 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C – $25.00 per share
  • Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E – $455.21 per share (equivalent to $0.455208 per Depositary Share)
  • Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series F – $429.69 per share (equivalent to $0.429688 per Depositary Share)
  • Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series I – $398.44 per share (equivalent to $0.398438 per Depositary Share)
  • Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K – $365.63 per share (equivalent to $0.365625 per Depositary Share)
  • 4.875 Percent Non-Cumulative Preferred Stock, Series L – $304.69 per share (equivalent to $0.304688 per Depositary Share)
  • Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series N – $2,232.29 per share (equivalent to $22.322907 per Depositary Share)
  • 4.250 Percent Non-Cumulative Preferred Stock, Series O – $265.63 per share (equivalent to $0.265625 per Depositary Share)
  • 6.500 Percent Non-Cumulative Preferred Stock, Series P – $406.25 per share (equivalent to $0.406250 per Depositary Share)

The dividends for the Preferred Stock Series N are payable on December 15, 2023 to stockholders of record at the close of business on November 30, 2023.

The dividends for the Preferred Stock Series A, C, E, F, I, K, L, O and P are payable on January 16, 2024 to stockholders of record at the close of business on December 29, 2023.

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals.

Source link:https://www.morganstanley.com/

Newsletter Updates

Enter your email address below and subscribe to our newsletter