MS-P-I: MORGAN STANLEY 6.375% Series I Preferred Stock
MORGAN STANLEY's MS-P-I is an exchange-traded preferred stock in the Security Brokers, Dealers & Flotation Companies sector.
At a recent price of $24.91, MS-P-I yields 6.47% on its $25 liquidation preference and 6.375% coupon.
It trades at a discount of 0.4% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2024-10-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.