James P. Gorman, Executive Chairman of Morgan Stanley | Columbia Business School
Morgan Stanley has announced the declaration of regular dividends on the outstanding shares of various preferred stock issues. The declared dividends are as follows:
- Floating Rate Non-Cumulative Preferred Stock, Series A - $397.50 per share (equivalent to $0.397504 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 - $450.26 per share (equivalent to $0.450260 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 N - $2,284.95 per share (equivalent to $22.849520 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 will be payable on June 17, 2024, to stockholders of record at the close of business on May 31, 2024. Meanwhile, the dividends for the Preferred Stock Series A, C, E, F, I, K, L, O and P will be payable on July 15, 2024 to stockholders of record at the close of business on June 28, 2024.
Morgan Stanley (NYSE: MS) is a leading global financial services firm offering a broad spectrum of investment banking, securities, wealth management and investment management services. The firm operates in 42 countries and serves a diverse clientele including corporations, governments, institutions and individuals. For more information about Morgan Stanley's services and operations please visit www.morganstanley.com.