Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Get Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.45 and traded as high as $12.93. Morgan Stanley China A Share Fund shares last traded at $12.79, with a volume of 52,061 shares changing hands.
Morgan Stanley China A Share Fund Trading Up 1.8 %
The stock’s fifty day moving average price is $12.51 and its two-hundred day moving average price is $12.45.
Morgan Stanley China A Share Fund Increases Dividend
The firm also recently announced an annual dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were issued a $0.3272 dividend. This represents a dividend yield of 1%. The ex-dividend date of this dividend was Friday, December 13th. This is an increase from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12.
Hedge Funds Weigh In On Morgan Stanley China A Share Fund
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.
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