Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) to Issue Quarterly Dividend of $0.13 on January 15th

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) declared a quarterly dividend on Tuesday, December 9th. Shareholders of record on Friday, December 19th will be given a dividend of 0.13 per share by the investment management company on Thursday, January 15th. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date is Friday, December 19th. This is a 8.3% increase from Morgan Stanley Emerging Markets Domestic Debt Fund’s previous quarterly dividend of $0.12.

Morgan Stanley Emerging Markets Domestic Debt Fund Price Performance

EDD stock opened at $5.69 on Wednesday. Morgan Stanley Emerging Markets Domestic Debt Fund has a twelve month low of $4.28 and a twelve month high of $5.69. The business has a 50 day simple moving average of $5.40 and a 200-day simple moving average of $5.30.

About Morgan Stanley Emerging Markets Domestic Debt Fund

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc is a closed ended fixed income mutual 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 typically invests in government bonds denominated in the local currencies of emerging markets.