Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Increases Dividend to $0.33 Per Share

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) declared an annual dividend on Tuesday, December 3rd,Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.3272 per share by the investment management company on Friday, December 27th. This represents a yield of 1%. The ex-dividend date is Friday, December 13th. This is an increase from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12.

Morgan Stanley China A Share Fund has decreased its dividend by an average of 62.5% annually over the last three years.

Morgan Stanley China A Share Fund Stock Up 1.0 %

Shares of NYSE:CAF traded up $0.12 on Thursday, reaching $12.45. 173,800 shares of the company traded hands, compared to its average volume of 52,742. The business’s 50-day simple moving average is $13.16 and its 200 day simple moving average is $12.22. Morgan Stanley China A Share Fund has a 52 week low of $11.00 and a 52 week high of $16.11.

About Morgan Stanley China A Share Fund

Morgan Stanley China A Share Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc It is co-managed by Morgan Stanley Investment Management Company. The fund invests in the public equity markets of China. It seeks to invest in the stocks of companies operating across diversified sectors.