- Practice your dividend trading strategies and win cash in our stock game.
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.