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Morgan Stanley's Preferred Stock, Series A Yield Pushes Past 7%

24/7 20:28

In trading on Wednesday, shares of Morgan Stanley's Floating Rate Non-Cumulative Preferred Stock, Series A (Symbol: MS.PRA) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.59), with shares changing hands as low as $22.55 on the day. This comp...

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