Morgan Stanley Emerging Markets Debt Fund, Inc. Plans Quarterly Dividend of $0.22 (NYSE:MSD)

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) declared a quarterly dividend on Friday, September 20th, Wall Street Journal reports. Shareholders of record on Monday, September 30th will be given a dividend of 0.22 per share on Tuesday, October 15th. This represents a $0.88 annualized dividend and a dividend yield of 10.83%. The ex-dividend date is Monday, September 30th.

Morgan Stanley Emerging Markets Debt Fund has increased its dividend by an average of 23.3% per year over the last three years.

Morgan Stanley Emerging Markets Debt Fund Stock Performance

Shares of NYSE:MSD traded up $0.02 during trading on Friday, hitting $8.13. The company’s stock had a trading volume of 66,385 shares, compared to its average volume of 72,434. The business has a 50 day moving average price of $7.73 and a two-hundred day moving average price of $7.42. Morgan Stanley Emerging Markets Debt Fund has a fifty-two week low of $6.11 and a fifty-two week high of $8.21.

Morgan Stanley Emerging Markets Debt Fund Company Profile

Morgan Stanley Emerging Markets Debt Fund, Inc is a closed ended fixed income fund launched and managed by Morgan Stanley Investment Management Inc The fund invests in fixed income markets of emerging market countries across the globe. It primarily invests in debt securities of government and government-related issuers, of entities organized to restructure outstanding debt of such issuers and debt securities of corporate issuers in or organized under the laws of emerging countries.