Morgan Stanley's Preferred Stock, Series A Yield Pushes Past 7%
July 24, 2024 at 14:27 PM EDT
In trading on Wednesday, 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 $1.59), with shares changing hands as low as $22.55 on the day.