Morgan Stanley Declares Dividends on Its Preferred Stock

Rhea-AI Summary

Morgan Stanley (NYSE: MS) announced a regular dividend on its preferred stock, with amounts including $252.78 per share for Series A and $25.00 for Series C. Other series dividends include Series E at $445.31 and Series F at $429.69. Dividends are payable on July 15, 2022, to stockholders of record as of June 30, 2022. This reflects Morgan Stanley's commitment to returning value to its shareholders through consistent dividend payments.

Positive

• Consistent dividend payments demonstrate financial stability and commitment to shareholders.
• High dividend amounts per share enhance investor confidence in the firm.

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 - $252.78 per share (equivalent to $0.252778 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)

The dividends for the Preferred Stock Series A, C, E, F, I, K, L and O are payable on July 15, 2022 to stockholders of record at the close of business on June 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/20220615006065/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?

Morgan Stanley declared dividends ranging from $252.78 for Series A to $25.00 for Series C.

When is the dividend payment date for Morgan Stanley preferred stock?

The dividends are payable on July 15, 2022.

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

The record date is June 30, 2022.

How often does Morgan Stanley pay dividends on its preferred stock?

Morgan Stanley typically pays dividends regularly; however, specific frequency may vary by series.

Are the dividends from Morgan Stanley sustainable?

While Morgan Stanley has shown consistent dividend payments, assessing sustainability requires further analysis of financial metrics.