Morgan Stanley Emerging Markets Debt (MSD) to Issue Quarterly Dividend of $0.14 on January 10th
Morgan Stanley Emerging Markets Debt (NYSE:MSD) declared a quarterly dividend on Wednesday, December 13th, Wall Street Journal reports. Investors of record on Friday, December 22nd will be given a dividend of 0.14 per share on Wednesday, January 10th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.61%. The ex-dividend date is Thursday, December 21st.
Morgan Stanley Emerging Markets Debt has decreased its dividend by an average of 4.2% annually over the last three years.
Morgan Stanley Emerging Markets Debt (NYSE MSD) opened at $9.99 on Friday. Morgan Stanley Emerging Markets Debt has a fifty-two week low of $8.96 and a fifty-two week high of $10.27.
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About Morgan Stanley Emerging Markets Debt
Morgan Stanley Emerging Markets Debt Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to produce high current income and as a secondary objective, to seek capital appreciation, through investments primarily in debt securities of government and government-related issuers located in emerging countries, 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.
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