Morgan Stanley Direct Lending Fund (NYSE:MSDL) Declares Quarterly Dividend of $0.50

Morgan Stanley Direct Lending Fund (NYSE:MSDL) announced a quarterly dividend on Thursday, August 7th, Wall Street Journal reports. Shareholders of record on Tuesday, September 30th will be given a dividend of 0.50 per share on Friday, October 24th. This represents a c) annualized dividend and a yield of 11.8%. The ex-dividend date is Tuesday, September 30th.

Morgan Stanley Direct Lending Fund Trading Down 0.4%

Morgan Stanley Direct Lending Fund stock opened at $16.90 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 1.15. Morgan Stanley Direct Lending Fund has a 12 month low of $16.80 and a 12 month high of $21.75. The stock’s 50 day simple moving average is $18.05 and its two-hundred day simple moving average is $18.97. The firm has a market cap of $1.47 billion, a PE ratio of 8.76 and a beta of 0.33.

Morgan Stanley Direct Lending Fund (NYSE:MSDL) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.02). Morgan Stanley Direct Lending Fund had a return on equity of 11.24% and a net margin of 42.65%.The company had revenue of $99.51 million during the quarter, compared to analysts’ expectations of $99.99 million. Analysts anticipate that Morgan Stanley Direct Lending Fund will post 2.56 earnings per share for the current year.

Morgan Stanley Direct Lending Fund Company Profile

Morgan Stanley Direct Lending Fund is a business development company. It is a non-diversified, externally managed specialty finance company focused on lending to middle-market companies. Morgan Stanley Direct Lending Fund is based in NEW YORK.