Morgan Stanley Series L Preferred Shares Yield Surpasses 6%

The yield on Morgan Stanley's Series L non-cumulative preferred stock has climbed above the 6% threshold. This movement occurs amid a slight performance divergence between the preferred shares and the company's common equity.

• Yield on MS.PRL crossed the 6% threshold
• Preferred shares carry a 4.875% non-cumulative coupon
• MS.PRL shares declined by 0.1% in recent trading
• Common shares (MS) rose by 0.9%
• Observed divergence between preferred and common equity performance