Morgan Stanley's Preferred Stock, Series A Shares Cross 7% Yield Mark
April 15, 2024 at 14:33 PM EDT
In trading on Monday, shares of Morgan Stanley's Floating Rate Non-Cumulative Preferred Stock, Series A (MS. RA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.5695), with shares changing hands as low as $22.00 on the day.