Rayford Wilkins, Jr. Director | Morgan Stanley
Morgan Stanley has announced dividends on its preferred stock. The company declared regular dividends for various series of its preferred stock, with details as follows:
The Floating Rate Non-Cumulative Preferred Stock, Series A will pay $328.97 per share, equivalent to $0.328974 per Depositary Share. The 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C is set at $25.00 per share.
For the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, the Series E will distribute $445.31 per share (equivalent to $0.445313 per Depositary Share), while the Series F will pay $429.69 per share (equivalent to $0.429688 per Depositary Share). The Series I dividend is set at $398.44 per share (equivalent to $0.398438 per Depositary Share).
Further, the Series K of the Fixed-to-Floating Rate Non-Cumulative Preferred Stock will distribute $365.63 per share (equivalent to $0.365625 per Depositary Share). The 4.875 Percent Non-Cumulative Preferred Stock, Series L is set at $304.69 per share (equivalent to $0.304688 per Depositary Share).
The Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series M and N have been declared at $29.38 and $1,966.66 respectively; with the latter equivalent to $19.666566 per Depositary Share.
Additionally, the 4.250 Percent Non-Cumulative Preferred Stock, Series O will provide a dividend of $265.63 per share (equivalent to $0.265625 per Depositary Share). Meanwhile, the 6.500 Percent and 6.625 Percent Non-Cumulative Preferred Stocks—Series P and Q—will distribute dividends of $406.25 and $414.06 respectively; these are equivalent to $0.406250 and $0.414063 per Depositary Share.
Dividends for the Preferred Stock Series M and N are scheduled for payment on March 17, 2025, to stockholders recorded by February 28, 2025.