Morgan Stanley's Preferred Stock, Series E Shares Cross 7% Yield Mark
September 29, 2022 at 14:07 PM EDT
In trading on Thursday, shares of Morgan Stanley's Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E (MS. RE) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.7813), with shares changing hands as low as $25.22 on the day.
