Morgan Stanley India Investment Fund, Inc. to Issue — Dividend of $2.70 (NYSE:IIF)

Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) announced a — dividend on Tuesday, December 3rd,Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 2.6969 per share on Wednesday, January 15th. The ex-dividend date is Friday, December 13th.

Morgan Stanley India Investment Fund Stock Performance

Shares of IIF stock traded up $0.49 during trading hours on Thursday, reaching $29.24. 49,132 shares of the company’s stock were exchanged, compared to its average volume of 41,972. Morgan Stanley India Investment Fund has a fifty-two week low of $20.89 and a fifty-two week high of $30.41. The stock’s 50 day moving average is $28.30 and its 200-day moving average is $27.27.

About Morgan Stanley India Investment Fund

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