Morgan Stanley Declares Dividends on Its Preferred Stock

Rhea-AI Summary

Morgan Stanley (NYSE: MS) announced dividends for its preferred stock series, payable on January 17, 2023, to shareholders recorded as of December 30, 2022. The dividend amounts are as follows: Floating Rate Series A - $305.33, Series C - $25.00, Series E - $445.31, Series F - $429.69, Series I - $398.44, Series K - $365.63, Series L - $304.69, Series O - $265.63, and Series P - $406.25.

Positive

• Consistent dividend payments showcase financial stability.
• Diverse range of preferred stock offerings supports shareholder income.

Negative

• None.

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 - $305.33 per share (equivalent to $0.305334 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 - $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)
• 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 A, C, E, F, I, K, L, O and P are payable on January 17, 2023 to stockholders of record at the close of business on December 30, 2022.

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 41 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/20221215006030/en/

Media Relations: Wesley McDade, 212.761.2430

Investor Relations: Leslie Bazos, 212.761.5352

Source: Morgan Stanley

FAQ

What is the dividend amount for Morgan Stanley's preferred stock series?

Morgan Stanley's preferred stock series dividends range from $25.00 to $445.31 per share.

When will Morgan Stanley's preferred stock dividends be paid?

The dividends are payable on January 17, 2023.

What is the record date for Morgan Stanley's preferred stock dividends?

The record date for the dividends is December 30, 2022.