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MSDL Dividend

Morgan Stanley Direct Lending Fund

NYSEFinancial ServicesStockData as of
Dividend yield
13.30%
Annual dividend
$1.90
Payout ratio
2.82
Frequency
Quarterly
Share price
$14.29
Market cap
$1.2B

Next payment

Ex-dividend date: Pay date: Amount: $0.4500

You must own the shares before the ex-dividend date to receive this payment.

Is MSDL a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

  • Yield is far above the marketAt 13.30%, the yield is more than three times the median of 2.92% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
  • Paying out more than it earnsA payout ratio of 2.82 means the dividend exceeds reported earnings. That can be sustained for a while from cash reserves or borrowing, but not indefinitely.
  • Short payment recordOnly 2 complete years of payment history is available, which is not enough to judge consistency.

MSDL dividend history

Annual dividend per share, 2024 to 2025.

20242025
Peak $2.00 in 2024Typical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 14 dividend payments for MSDL, most recent first.
Ex-dividend datePay dateAmountType
$0.4500Quarterly
$0.4500Quarterly
$0.4500Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.5000Quarterly
$0.1000Special
$0.5000Quarterly
$0.1000Special
$0.5000Quarterly
$0.5000Quarterly
$0.6000Special

How much would MSDL pay you?

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Calculate MSDL dividend income →

MSDL appears in

Closest to MSDL on yield.

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Frequently asked questions

Does MSDL pay a dividend?
Yes. Morgan Stanley Direct Lending Fund pays a quarterly dividend, currently yielding 13.30% based on trailing twelve-month payments of $1.90 per share.
How much does MSDL pay in dividends?
$1.90 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next MSDL ex-dividend date?
The next ex-dividend date on record is September 30, 2026, with payment on October 23, 2026. You must own the shares before the ex-dividend date to receive that payment.