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Morgan Stanley's Preferred Stock, Series A Shares Cross 6.5% Yield Mark
Source: Nasdaq
Capital Returns (Dividends / Buybacks)Credit & Bond Markets
Morgan Stanley Series A floating-rate non-cumulative preferred shares (MS.PRA) traded as low as $18.50 on Tuesday, putting the annualized quarterly dividend of $1.2048 above a 6.5% yield. The article excerpt provides no further context or market reaction.
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