Morgan Stanley's Preferred Stock, Series O Crosses Above 5.5% Yield Territory
July 23, 2024 at 14:11 PM EDT
In trading on Tuesday, shares of Morgan Stanley's 4.250% Depositary Shares Non-Cumulative Preferred Stock, Series O (MS. RO) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.0625), with shares changing hands as low as $19.01 on the day.
