Morgan Stanley's Preferred Stock, Series E Crosses Above 6.5% Yield Territory
August 01, 2014 at 14:17 PM EDT
In trading on Friday, shares of Morgan Stanley's Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E (MS. RE) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.7812), with shares changing hands as low as $27.27 on the day.