James P. Gorman, Executive Chairman of Morgan Stanley | Columbia Business School
Morgan Stanley today declared a regular dividend on the outstanding shares of several preferred stock issues.
The dividends declared are as follows:
- Floating Rate Non-Cumulative Preferred Stock, Series A: $400.13 per share (equivalent to $0.400135 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: $455.21 per share (equivalent to $0.455208 per Depositary Share)
- Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series F: $439.24 per share (equivalent to $0.439236 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: $29.375 per share
- Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series N: $2,214.54 per share (equivalent to $22.145431 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)
- 6.625 Percent Non-Cumulative Preferred Stock, Series Q: $345.05 per share (equivalent to $0.345052 per Depositary Share)
The dividends for the Preferred Stock Series M and N are payable on September 16, 2024, to stockholders of record at the close of business on August 30, 2024.
The dividends for the remaining series—A, C, E, F, I, K, L, O, P and Q—are payable on October 15, 2024 to stockholders of record at the close of business on September 30, 2024.
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking services including securities trading and wealth management among others across its offices in 42 countries.
For more information about Morgan Stanley visit www.morganstanley.com.