Morgan Stanley Declares Dividends on Its Preferred Stock

Rhea-AI Summary

Morgan Stanley declares regular dividends on various preferred stock issues, ranging from $2,226.02 to $25.00 per share. The dividends are payable in March and April 2024 to stockholders of record. Morgan Stanley (NYSE: MS) is a prominent global financial services firm operating in 42 countries.

NEW YORK--(BUSINESS WIRE)-- 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 - $392.38 per share (equivalent to $0.392384 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 - $445.31 per share (equivalent to $0.445313 per Depositary Share)
  
  
• Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series F - $434.46 per share (equivalent to $0.434462 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 M - $29.38 per share

• Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series N - $2,226.02 per share (equivalent to $22.260218 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 M and N are payable on March 15, 2024 to stockholders of record at the close of business on February 29, 2024.

The dividends for the Preferred Stock Series A, C, E, F, I, K, L, O and P are payable on April 15, 2024 to stockholders of record at the close of business on March 28, 2024.

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. For more information about Morgan Stanley, please visit www.morganstanley.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240215388210/en/

Media Relations: Wesley McDade, 212.761.2430

Investor Relations: Leslie Bazos, 212.761.5352

Source: Morgan Stanley

FAQ

What dividends did Morgan Stanley declare on its preferred stock issues?

Morgan Stanley declared dividends ranging from $2,226.02 to $25.00 per share on various preferred stock issues.

When are the dividends payable for Preferred Stock Series M and N?

The dividends for Preferred Stock Series M and N are payable on March 15, 2024, to stockholders of record on February 29, 2024.

When are the dividends payable for Preferred Stock Series A, C, E, F, I, K, L, O, and P?

The dividends for Preferred Stock Series A, C, E, F, I, K, L, O, and P are payable on April 15, 2024, to stockholders of record on March 28, 2024.

What is the ticker symbol for Morgan Stanley?

The ticker symbol for Morgan Stanley is MS.

Where does Morgan Stanley operate?

Morgan Stanley operates in 42 countries globally.