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September 01, 2020 1:29pm
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Morgan Stanley's Preferred Stock, Series A Shares Cross 6% Yield Mark

In trading on Thursday, shares of Morgan Stanley's Floating Rate Non-Cumulative Preferred Stock, Series A (MS. RA) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.4334), with shares changing hands as low as $23.71 on the day.
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