What is the current yield of MS-P-L?

MS-P-L yields about 6.32% at a recent price of $19.28.

What is the par value (liquidation preference) of MS-P-L?

MS-P-L has a $25.00 liquidation preference (par value).

Is MS-P-L callable, and when?

MS-P-L is callable by the issuer at par on or after 2025-01-15.

What is the coupon rate of MS-P-L?

MS-P-L carries a 4.875% coupon on its $25 par value.

Is MS-P-L cumulative?

No. MS-P-L is non-cumulative — a skipped dividend is not owed later.

MMS'L NOW TRADING POST CALL DATE

MORGAN STANLEY · Series L · Security Brokers, Dealers & Flotation Companies

Also quoted as: MS-L, MSprL, MS.PRL, MS-PL, MSpL

$19.28

letzter Kurs

Über dieses Wertpapier

MS'L is a 4.875% non-cumulative perpetual preferred stock issued by MORGAN STANLEY, a Security Brokers, Dealers & Flotation Companies issuer. $25 liquidation preference, current yield 6.32%, callable from 2025-01-15.

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 →

Kennzahlen ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 17:25:55 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16

Aktuelle Rendite

6.32%

Jährliche Dividende

$1.2188

Aktueller Marktpreis

$19.28

as of 2026-08-05

Abschlag/Aufschlag z. Nennwert (→ screen)

-22.88% (−$5.72)

Kurspotenzial bis Nennwert

+$5.72 (+29.7%)

Letztes Ex-Datum

2026-06-30

Zahlungsfrequenz

quarterly

Kumulativ

No

Ursprünglicher Kupon

4.875%

Kündigungstermin

2025-01-15 ⚑ callable now

Rendite bis Kündigung

n/a — callable now

Rendite im schlechtesten Fall

6.32%

Liquidationspräferenz

$25.00

Fälligkeit

Perpetual

Kündbar

Yes

Wandelbar

No

Zahlungstermine

January 15, April 15, July 15, October 15

Angebotene Anteile (ursprünglich)

20,000,000

Emittiert

2019-11-25

Serie

L

Alternative Symbole

MS-L, MSprL, MS.PRL, MS-PL, MSpL

vs. Security Brokers, Dealers & Flotation Companies category (18 issues): yield 6.32% vs avg 6.40% · discount -22.9% vs avg -15.0%

Notierung

	MS'L (Vorzugsaktie)	MS (Stammaktie)
Letzter	$19.28	$214.04
Änderung	—	—
Eröffnung	$19.34	$215.05
Hoch / Tief	$19.37 / $19.24	$217.62 / $212.66
Vortagesschluss	—	—
Volumen	32,093	4,694,348
52-Wochen-Hoch / -Tief	$22.28 / $19.03	$219.16 / $126.35

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

Kurs

● MS'L ● MS (Stammaktie)

Dividendenhistorie

Ex-Datum	Betrag / Anteil
2026-06-30	$0.304688
2026-03-31	$0.304688
2025-12-31	$0.304688
2025-09-30	$0.304688
2025-06-30	$0.304688
2025-03-31	$0.305000
2024-12-31	$0.304688
2024-09-30	$0.304688
2024-06-28	$0.304688
2024-03-27	$0.304688
2023-12-28	$0.304688
2023-09-28	$0.304688

Wertentwicklung — 10.000-$-Rechner

Anlagebetrag ($)

Startdatum

See what an investment in MS'L 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'L →

Prospekt (SEC 424B5)

Each of the depositary shares offered hereby represents a 1/1,000th ownership interest in a share of perpetual % Non-Cumulative Preferred Stock, Series L ("Series L Preferred Stock"), 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 to redeem the Series G Preferred Stock and the related depositary shares.

Full Prospectus (SEC filing) →

Weitere Wertpapiere von MORGAN STANLEY

Symbol	Typ	Kupon	Kurs	Rend.
MS'A	preferred	4.000%	19.11	5.23%
MS'E	preferred	7.125%	25.49	7.07%
MS'F	preferred	6.875%	25.24	6.89%
MS'I	preferred	6.375%	24.86	6.48%
MS'K	preferred	5.850%	23.07	6.34%
MS'O	preferred	4.250%	16.57	6.41%
MS'P	preferred	6.500%	25.21	6.45%
MS'Q	preferred	6.625%	25.43	6.51%

Nachrichten — MORGAN STANLEY

Why Is Wealth Management Anchoring Morgan Stanley (NYSE:MS)? — kalkinemedia.com · Aug 06, 2026
This Will be Eli Lilly’s Price in 2027 And Morgan Stanley Agrees — finance.yahoo.com · Aug 06, 2026
HUM Upgraded by Morgan Stanley -- Price Target Raised to $370 — gurufocus.com · Aug 05, 2026
APTV Downgraded by Morgan Stanley -- Price Target Lowered to $55 — gurufocus.com · Aug 05, 2026
ADM Upgraded by Morgan Stanley -- Price Target Raised to $79.00 — gurufocus.com · Aug 05, 2026
PAC Upgraded by Morgan Stanley -- Price Target Raised to $225 — gurufocus.com · Aug 05, 2026

Issuer news via Tiingo — filtered to stories about MS.

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