Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) to Issue Quarterly Dividend of $0.21

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) declared a quarterly dividend on Friday, September 18th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.21 per share by the investment management company on Thursday, October 15th. This represents a $0.84 annualized dividend and a dividend yield of 15.0%. The ex-dividend date is Wednesday, September 30th. This is a 12.5% decrease from Morgan Stanley Emerging Markets Domestic Debt Fund’s previous quarterly dividend of $0.24.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Up 0.1%

Shares of Morgan Stanley Emerging Markets Domestic Debt Fund stock opened at $5.61 on Monday. Morgan Stanley Emerging Markets Domestic Debt Fund has a 1-year low of $4.96 and a 1-year high of $6.18. The business’s fifty day moving average price is $5.85 and its two-hundred day moving average price is $5.66.

Morgan Stanley Emerging Markets Domestic Debt Fund Company Profile

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol EDD. The fund seeks to provide investors with high current income and, to a lesser extent, capital appreciation by investing primarily in debt securities denominated in the local currencies of emerging-market countries.

The fund’s portfolio may include sovereign and government-related obligations, corporate debt, and other fixed-income instruments issued in or linked to emerging markets.