Morgan Stanley Direct Lending Fund (NYSE:MSDL) Declares Quarterly Dividend of $0.45

Morgan Stanley Direct Lending Fund (NYSE:MSDL) announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.45 per share on Friday, July 24th. This represents a c) dividend on an annualized basis and a dividend yield of 11.7%. The ex-dividend date is Tuesday, June 30th.

Morgan Stanley Direct Lending Fund Trading Down 0.6%

Shares of NYSE MSDL traded down $0.10 during trading on Friday, reaching $15.41. The company had a trading volume of 148,511 shares, compared to its average volume of 804,977. The company’s fifty day moving average price is $14.77 and its 200-day moving average price is $15.96. Morgan Stanley Direct Lending Fund has a 12 month low of $13.66 and a 12 month high of $20.00. The stock has a market cap of $1.31 billion, a P/E ratio of 10.99 and a beta of 0.56. The company has a quick ratio of 1.59, a current ratio of 1.59 and a debt-to-equity ratio of 1.19.

Morgan Stanley Direct Lending Fund (NYSE:MSDL) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.02. Morgan Stanley Direct Lending Fund had a return on equity of 9.88% and a net margin of 30.73%.The firm had revenue of $58.11 million for the quarter, compared to analyst estimates of $91.89 million. As a group, research analysts expect that Morgan Stanley Direct Lending Fund will post 1.86 earnings per share for the current 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.