NEW YORK (

TheStreet

) -- The ex-dividend date for

Morgan Stanley

(NYSE:

MS

) is tomorrow, October 27, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $16.98 as of 9:30 a.m. ET, the dividend yield is 1.2%.

The average volume for Morgan Stanley has been 33.9 million shares per day over the past 30 days. Morgan Stanley has a market cap of $33.1 billion and is part of the

financial

sector and

financial services

industry. Shares are down 37% year to date as of the close of trading on Tuesday.

Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. It operates in three segments: Institutional Securities, Global Wealth Management Group, and Asset Management. The company has a P/E ratio of 9.1, below the average financial services industry P/E ratio of 9.8 and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Morgan Stanley as a

sell

. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. You can view the full

Morgan Stanley Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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