Morgan Stanley has announced the declaration of regular dividends on its outstanding preferred stock shares. The financial institution detailed the dividend amounts for various series of its preferred stock.
The Floating Rate Non-Cumulative Preferred Stock, Series A will pay $329.73 per share, equivalent to $0.329730 per Depositary Share. The 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C will provide a dividend of $25.00 per share.
Other series include the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, with Series E offering $450.26 per share (equivalent to $0.450260 per Depositary Share), Series F at $434.46 per share (equivalent to $0.434462 per Depositary Share), and Series I at $402.86 per share (equivalent to $0.402865 per Depositary Share).
Further, the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K is set at $365.63 per share (equivalent to $0.365625 per Depositary Share), while the 4.875 Percent Non-Cumulative Preferred Stock, Series L is declared at $304.69 per share (equivalent to $0.304688 per Depositary Share).
The Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series N will distribute a significant dividend of $1,951.67 per share (equivalent to $19.516694 per Depositary Share). The 4.250 Percent Non-Cumulative Preferred Stock, Series O offers a dividend of $265.63 per share (equivalent to $0.265625 per Depositary Share).
Lastly, Morgan Stanley announced dividends for the 6.500 Percent Non-Cumulative Preferred Stock, Series P at $406.25 per share (equivalent to $0.406250 per Depositary Share) and the 6.625 Percent Non-Cumulative Preferred Stock, Series Q at $414.06 per share (equivalent to $0.414063 per Depositary Share).
"The dividend for the Preferred Stock Series N is payable on June 16, 2025," stated Morgan Stanley in their announcement, noting that it applies "to stockholders of record at the close of business on May 30, 2025."