Morgan Stanley Direct Lending Fund (NYSE:MSDL – Get Free Report) declared a quarterly dividend on Tuesday, August 4th. Shareholders of record on Wednesday, September 30th will be given a dividend of $0.45 per share on Friday, October 23rd. This represents a $1.80 dividend on an annualized basis and a yield of 12.6%. The ex-dividend date is Wednesday, September 30th.
Morgan Stanley Direct Lending Fund Trading Down 0.0%
Shares of Morgan Stanley Direct Lending Fund stock opened at $14.29 on Monday. The firm has a 50-day simple moving average of $15.08 and a two-hundred day simple moving average of $15.06. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.71 and a current ratio of 1.71. Morgan Stanley Direct Lending Fund has a fifty-two week low of $13.66 and a fifty-two week high of $17.91. The company has a market cap of $1.20 billion, a P/E ratio of 20.70 and a beta of 0.54.
Morgan Stanley Direct Lending Fund (NYSE:MSDL – Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.45. Morgan Stanley Direct Lending Fund had a return on equity of 9.61% and a net margin of 15.97%.The firm had revenue of $59.28 million for the quarter, compared to analysts’ expectations of $89.99 million. As a group, equities analysts predict that Morgan Stanley Direct Lending Fund will post 1.82 earnings per share for the current fiscal year.
About Morgan Stanley Direct Lending Fund
Morgan Stanley Direct Lending Fund (NYSE: MSDL) is a business development company focused on providing financing to middle-market companies. The fund seeks to generate current income and, to a lesser extent, capital appreciation by investing primarily in privately negotiated senior secured loans and other debt investments.
MSDL generally targets established businesses across a range of industries and may make investments in companies backed by private equity sponsors as well as in non-sponsored businesses.
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