Morgan Stanley's PREFERRED STOCK, SERIES K Shares Cross 6% Yield Mark
May 17, 2022 at 15:01 PM EDT
In trading on Tuesday, shares of Morgan Stanley's 5.850% SHARE OF FIXED-TO-FLOATING RATE NON-CUMULATIVE PREFERRED STOCK, SERIES K (MS. RK) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4625), with shares changing hands as low as $24.22 on the day.