MS-P-Q: MORGAN STANLEY 6.625% Series Q Preferred Stock
MORGAN STANLEY's MS-P-Q is an exchange-traded preferred stock in the Security Brokers, Dealers & Flotation Companies sector.
At a recent price of $25.43, MS-P-Q yields 6.51% on its $25 liquidation preference and 6.625% coupon.
It trades at a premium of 1.7% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2029-10-15.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.