Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) Declares Quarterly Dividend of $0.12

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSDGet Rating) announced a quarterly dividend on Thursday, September 22nd, investing.com reports. Shareholders of record on Friday, September 30th will be given a dividend of 0.12 per share on Friday, October 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.40%. The ex-dividend date is Thursday, September 29th.

Morgan Stanley Emerging Markets Debt Fund has decreased its dividend payment by an average of 5.9% annually over the last three years.

Morgan Stanley Emerging Markets Debt Fund Price Performance

Shares of NYSE:MSD opened at $6.49 on Friday. The business’s 50-day moving average is $6.76 and its 200-day moving average is $7.06. Morgan Stanley Emerging Markets Debt Fund has a 1 year low of $6.28 and a 1 year high of $9.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Quantedge Capital Pte Ltd acquired a new position in Morgan Stanley Emerging Markets Debt Fund during the 1st quarter worth approximately $210,000. Raymond James Financial Services Advisors Inc. raised its stake in Morgan Stanley Emerging Markets Debt Fund by 8.3% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 110,900 shares of the company’s stock worth $863,000 after buying an additional 8,507 shares during the period. Royal Bank of Canada raised its stake in Morgan Stanley Emerging Markets Debt Fund by 4.9% during the 1st quarter. Royal Bank of Canada now owns 150,618 shares of the company’s stock worth $1,171,000 after buying an additional 7,046 shares during the period. Bank of America Corp DE raised its stake in Morgan Stanley Emerging Markets Debt Fund by 8.9% during the 1st quarter. Bank of America Corp DE now owns 34,958 shares of the company’s stock worth $272,000 after buying an additional 2,861 shares during the period. Finally, UBS Group AG raised its stake in Morgan Stanley Emerging Markets Debt Fund by 7.3% during the 2nd quarter. UBS Group AG now owns 27,864 shares of the company’s stock worth $184,000 after buying an additional 1,900 shares during the period. 35.58% of the stock is owned by institutional investors and hedge funds.

Morgan Stanley Emerging Markets Debt Fund Company Profile

(Get Rating)

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.

Read More

Dividend History for Morgan Stanley Emerging Markets Debt Fund (NYSE:MSD)

Receive News & Ratings for Morgan Stanley Emerging Markets Debt Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley Emerging Markets Debt Fund and related companies with MarketBeat.com's FREE daily email newsletter.