◆ Preferred Stock Research

ⓘ Guide

MS-P-K

Also quoted as: MS-K, MSprK, MS.PRK, MS-PK, MSpK
$23.61
last price

About this security

MS-P-K is a 5.85% non-cumulative perpetual preferred stock issued by MORGAN STANLEY, a Security Brokers, Dealers & Flotation Companies issuer. Current yield 6.19%, callable from 2027-04-15.

MORGAN STANLEY: Morgan Stanley is a global financial services firm and bank holding company headquartered in New York City, regulated by the Federal Reserve and considered a globally systemically important bank. It is organized into three reportable segments: Institutional Securities, Wealth Management, and Investment Management. The Institutional Securities segment provides investment banking, sales and trading, and other services to corporations, governments and financial institutions; Wealth Management provides financial services to individual investors and small-to-medium businesses; and Investment Management provides investment strategies and products for large institutions and organizations. The firm expanded its retail and asset management reach through acquisitions, including E-Trade, an online retail brokerage, and Eaton Vance, an institutional asset manager. It operates across the Americas, Europe, the Middle East, Africa, and Asia, though it remains North America-focused.

Issuer page — all MORGAN STANLEY securities & profile →

Key Stats ✓ terms from SEC 424B5 — verify via link below

Series
K
Alt. Symbology
MS-K, MSprK, MS.PRK, MS-PK, MSpK
Recent Market Price
$23.61
Current Yield
6.19%
Yield to Call
Yield to Worst
6.19%
Original Coupon (est.)
5.850%
Liq. Preference
par pending
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-03-31
Annual Dividend
$1.4625
Pay Frequency
quarterly
Call Date
2027-04-15
Maturity
Perpetual
Issued
2017-01-25
Cumulative
No
Redeemable
Yes
Convertible
No
Pay Dates
January 15, April 15, July 15, October 15
Floating Rate
3-mo USD LIBOR + 3.491%
Shares Offered
40,000,000

vs. Security Brokers, Dealers & Flotation Companies category (17 issues): yield 6.19% vs avg 6.55%

⚠ Liquidation preference not yet confirmed from the prospectus ("par pending"), so premium/discount and yield-to-call are withheld rather than computed from an assumed value. Price, yield, and dividends are exact from the market feed.

Quote

 MS-P-K (preferred)MS (common)
Last $23.61 $214.04
Change +0.04 (+0.17%)
Open$23.65$215.05
High / Low $23.65 / $23.55 $217.62 / $212.66
Prev Close$23.57
Volume26,2414,694,348
52-Week High / Low $25.52 / $22.76 $219.16 / $126.35

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

MS-P-K MS (common)

Dividend History

Ex-DateAmount / Share
2026-03-31$0.365625
2025-12-31$0.365625
2025-09-30$0.365625
2025-06-30$0.365625
2025-03-31$0.366000
2024-12-31$0.365625
2024-09-30$0.365625
2024-06-28$0.365625
2024-03-27$0.365625
2023-12-28$0.365625
2023-09-28$0.365625
2023-06-29$0.365625

Performance — $10K Calculator

See what an investment in MS-P-K would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for MS-P-K →

Prospectus (SEC 424B5)

Each of the 40,000,000 depositary shares offered hereby represents a 1/1,000th ownership interest in a share of perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K, liquidation preference $25,000 per share, of Morgan Stanley, deposited with The Bank of New York Mellon, as depositary.

Use of proceeds: Net proceeds will be used for general corporate purposes.

Full Prospectus (SEC filing) →

Other Securities from MORGAN STANLEY

SymbolTypeCouponPriceYield
MS-P-A preferred 5.070% 19.42 6.53%
MS-P-E preferred 7.224% 25.57 7.06%
MS-P-F preferred 6.970% 25.37 6.87%
MS-P-I preferred 6.464% 25.05 6.45%
MS-P-L preferred 4.875% 19.63 6.21%
MS-P-O preferred 4.250% 16.88 6.29%
MS-P-P preferred 6.500% 25.32 6.42%
MS-P-Q preferred 6.625% 25.46 6.51%

News — MORGAN STANLEY

Issuer news via Tiingo, tagged to MS.

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About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Key terms
YieldAnnual income as a % of the price. Higher means more income — but check why a yield is unusually high.
ParThe face value, almost always $25 — the price the company can redeem the share at.
Discount / PremiumWhether the share trades below par (a discount) or above it (a premium).
Call dateThe first date the company is allowed to buy the share back from you at par.
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