Morgan Stanley Direct Lending Fund (MSDL) To Go Ex-Dividend on June 30th

Morgan Stanley Direct Lending Fund (NYSE:MSDL) announced a quarterly dividend on Tuesday, May 5th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.45 per share on Friday, July 24th. This represents a c) annualized dividend and a dividend yield of 11.6%. The ex-dividend date is Tuesday, June 30th.

Morgan Stanley Direct Lending Fund Stock Performance

Shares of MSDL stock opened at $15.47 on Friday. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 15.32 and a beta of 0.53. Morgan Stanley Direct Lending Fund has a 1-year low of $13.66 and a 1-year high of $19.94. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 1.21. The stock’s fifty day simple moving average is $15.27 and its 200-day simple moving average is $15.54.

Morgan Stanley Direct Lending Fund (NYSE:MSDL) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.02. Morgan Stanley Direct Lending Fund had a return on equity of 9.73% and a net margin of 22.84%.The firm had revenue of $58.10 million during the quarter, compared to the consensus estimate of $91.89 million. On average, sell-side analysts predict that Morgan Stanley Direct Lending Fund will post 1.86 earnings per share for the current fiscal year.

About Morgan Stanley Direct Lending Fund

Morgan Stanley Direct Lending Fund (NYSE: MSDL) is a closed-end management investment company that seeks to provide investors with attractive current income and the potential for capital appreciation. The fund primarily invests in senior secured loans and other debt instruments issued by middle-market companies. By focusing on floating-rate structures, it aims to offer a measure of protection against rising interest rates while generating regular cash distributions.

The fund’s investment strategy centers on building a diversified portfolio of direct lending opportunities across a broad range of industries, including healthcare, business services, and industrials.