Morgan Stanley has announced regular dividends for its outstanding preferred stock series. The financial services company detailed the dividend amounts for each series as follows:
The Floating Rate Non-Cumulative Preferred Stock, Series A, will have a dividend of $328.97 per share, which translates to $0.328974 per Depositary Share.
For the 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C, a dividend of $25.00 per share is declared.
The Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E, will see a dividend of $445.31 per share or $0.445313 per Depositary Share.
Series F of the Fixed-to-Floating Rate Non-Cumulative Preferred Stock will distribute $429.69 per share or an equivalent of $0.429688 per Depositary Share.
For Series I in the same category, the dividend is set at $398.44 per share and $0.398438 per Depositary Share.
Series K will receive a payout of $365.63 per share or an equivalent of $0.365625 per Depositary Share.
The 4.875 Percent Non-Cumulative Preferred Stock, Series L, has a declared dividend of $304.69 per share or an equivalent of $0.304688 per Depositary Share.
The Fixed-to-Floating Rate Non-Cumulative Preferred Stock Series M is set to pay out at $29.38 per share.
For Series N in this category, Morgan Stanley announced a significant dividend amounting to $1,966.66 per share or an equivalent of $19.666566 per Depositary Share.
In terms of the 4.250 Percent Non-Cumulative Preferred Stock, Series O will have dividends set at $265.63 per share or an equivalent value of $0.265625 per Depositary Share.
Additionally, the 6.500 Percent Non-Cumulative Preferred Stock for Series P sees dividends set at $406.25 per share with a corresponding value of $0.406250 for each Depositary Share.
Lastly, the 6.625 Percent Non-Cumulative Preferred Stock under Series Q announces dividends amounting to $414.06 per share or an equivalent value on Depositary Shares at $.414063 each.
Morgan Stanley specified that dividends concerning the Preferred Stock Series M and N are scheduled for payment on March 17, 2025; eligible stockholders must be registered by February 28, 2025.