Morgan Stanley 5.85% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K

By: ,

Date Issued  1/24/2017

Shares Issued  40,000,000       Over Allotment   0

S&P Rating   BB        Moody Rating   Ba3


Security Ticker Symbol   MS-K   OTC Grey Market  MSDDP

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of January, April, July and October beginning on 4/15/2017

Quarterly Dividend   .366   Annual Dividend   1.463

Floating rate starting 4/15/2027 is 3 month libor plus 3.491%.


Securities may be redeemed, at the issuers option, as early as 4/15/2027 for a redemption price of $25/share plus accrued dividends

Dividend Payment Likely Will be a Qualified Distributions

Maturity Date   None

 Company Investor Relations Page for Morgan Stanley

Click Here for the offering prospectus or pricing document

Tim McPartland

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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