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, March 21st, Wall Street Journal reports. Investors of record on Monday, March 31st will be given a dividend of 0.22 per share on Tuesday, April 15th. This represents a $0.88 dividend on an annualized basis and a yield of 10.85%. The ex-dividend date is Monday, March 31st.

Morgan Stanley Emerging Markets Debt Fund has increased its dividend payment by an average of 26.7% annually over the last three years.

Morgan Stanley Emerging Markets Debt Fund Trading Down 1.4 %

NYSE MSD traded down $0.11 on Friday, hitting $8.11. 92,680 shares of the stock were exchanged, compared to its average volume of 76,678. The company’s 50-day moving average price is $8.11 and its two-hundred day moving average price is $7.88. Morgan Stanley Emerging Markets Debt Fund has a 52-week low of $6.86 and a 52-week high of $8.32.

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.