Morgan Stanley 6.375% Fixed to Floating Rate Non-cumulative Preferred Stock, Series I

By: ,

Date Issued  9/11/2014

Shares Issued 40,000,000   Overallotment Shares  6,000,000

S&P Rating   BB+   Moodys Rating   Ba3

Security Ticker Symbol   MS-I    OTC Temp Ticker   MSQVP

Market Traded ON   NYSE


Dividend Payment Paid on the 15th of January, April, July and October beginning on 1/15/2015

Quarterly Dividend   .398   Annual Dividend   1.5938

Floating rate starting 10/15/2024 is 3 month libor plus 3.708%.

Securities may be redeemed, at the issuers option, as early as 10/15/2024 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


Related Posts:

Tim McPartland

Connect with Tim McPartland

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.
Search Dividend Investor