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

Morgan Stanley Direct Lending Fund (NYSE:MSDL) declared a quarterly dividend on Thursday, February 26th. Investors of record on Tuesday, March 31st will be given a dividend of 0.45 per share on Friday, April 24th. This represents a c) dividend on an annualized basis and a yield of 12.1%. The ex-dividend date is Tuesday, March 31st.

Morgan Stanley Direct Lending Fund Price Performance

NYSE MSDL traded down $0.56 during trading hours on Friday, hitting $14.92. 1,016,065 shares of the company’s stock traded hands, compared to its average volume of 842,076. The company has a market capitalization of $1.29 billion, a PE ratio of 9.05 and a beta of 0.26. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.45 and a quick ratio of 1.45. Morgan Stanley Direct Lending Fund has a 52-week low of $14.64 and a 52-week high of $20.90. The firm’s 50-day moving average is $16.19 and its 200-day moving average is $16.85.

Morgan Stanley Direct Lending Fund (NYSE:MSDL) last issued its earnings results on Thursday, February 26th. The company reported $0.49 earnings per share for the quarter, hitting the consensus estimate of $0.49. Morgan Stanley Direct Lending Fund had a return on equity of 10.21% and a net margin of 35.92%.The business had revenue of $49.57 million for the quarter, compared to analysts’ expectations of $97.30 million. Equities analysts forecast that Morgan Stanley Direct Lending Fund will post 2.56 EPS 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.