Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) To Go Ex-Dividend on December 13th

Morgan Stanley Emerging Markets Debt Fund, Inc. (NYSE:MSD) announced a quarterly dividend on Tuesday, December 3rd,Wall Street Journal reports. Investors of record on Friday, December 13th will be given a dividend of 0.265 per share on Wednesday, January 15th. This represents a $1.06 dividend on an annualized basis and a yield of 13.27%. The ex-dividend date of this dividend is Friday, December 13th. This is a boost from Morgan Stanley Emerging Markets Debt Fund’s previous quarterly dividend of $0.22.

Morgan Stanley Emerging Markets Debt Fund has raised its dividend payment by an average of 23.3% per year over the last three years.

Morgan Stanley Emerging Markets Debt Fund Stock Performance

Shares of MSD opened at $7.99 on Wednesday. Morgan Stanley Emerging Markets Debt Fund has a 1 year low of $6.65 and a 1 year high of $8.21. The stock’s fifty day moving average price is $7.76 and its two-hundred day moving average price is $7.64.

About Morgan Stanley Emerging Markets Debt Fund

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.