Morgan Stanley Declares Dividends on Its Preferred Stock

Rhea-AI Summary

Morgan Stanley has announced its regular dividend payments on several preferred stock issues. Notably, the dividends include: $261.11 for Series A, $25.00 for Series C, $445.31 for Series E, and $429.69 for Series F, among others. The payment dates for Series M and N are set for September 15, 2022, with a record date of August 31, 2022. For the remaining series, dividends will be paid on October 17, 2022, with a record date of September 30, 2022. This announcement underscores Morgan Stanley's commitment to returning value to its shareholders.

Positive

• Regular dividend payments reinforce investor confidence.
• Diverse preferred stock offerings demonstrate strong financial health.

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 - $261.11 per share (equivalent to $0.261111 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)
• Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series M - $29.375000 per share
• Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series N - $2,650.00 per share (equivalent to $26.500000 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 - $329.51 per share (equivalent to $0.329514 per Depositary Share)

The dividends for the Preferred Stock Series M and N are payable on September 15, 2022 to stockholders of record at the close of business on August 31, 2022.

The dividends for the Preferred Stock Series A, C, E, F, I, K, L, O and P are payable on October 17, 2022 to stockholders of record at the close of business on September 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/20220815005138/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 A?

The dividend amount for Series A is $261.11 per share.

When will Morgan Stanley pay dividends for preferred stock Series C?

Dividends for preferred stock Series C will be paid on October 17, 2022.

What is the payment date for Series M and N dividends of Morgan Stanley?

The payment date for Series M and N dividends is September 15, 2022.

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

The record date for Series M and N is August 31, 2022; for other series, it is September 30, 2022.

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

Morgan Stanley declares dividends regularly on its preferred stock issues.