Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Increases Dividend to $0.27 Per Share

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) declared a quarterly dividend on Thursday, December 5th,Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.265 per share on Wednesday, January 15th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 13.33%. The ex-dividend date is Friday, December 13th. This is an increase from Morgan Stanley Emerging Markets Debt Fund’s previous quarterly dividend of $0.22.

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

Morgan Stanley Emerging Markets Debt Fund Trading Down 0.1 %

Shares of Morgan Stanley Emerging Markets Debt Fund stock traded down $0.01 during mid-day trading on Thursday, reaching $7.95. 9,058 shares of the stock were exchanged, compared to its average volume of 72,934. Morgan Stanley Emerging Markets Debt Fund has a fifty-two week low of $6.65 and a fifty-two week high of $8.21. The firm has a 50-day simple moving average of $7.76 and a 200 day simple moving average of $7.62.

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.