Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) to Issue $0.14 Quarterly Dividend

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) declared a quarterly dividend on Friday, September 20th, Zacks reports. Stockholders of record on Monday, September 30th will be given a dividend of 0.135 per share by the investment management company on Tuesday, October 15th. This represents a $0.54 annualized dividend and a dividend yield of 10.40%. The ex-dividend date of this dividend is Monday, September 30th.

Morgan Stanley Emerging Markets Domestic Debt Fund Trading Up 0.6 %

Shares of Morgan Stanley Emerging Markets Domestic Debt Fund stock traded up $0.03 on Friday, hitting $5.19. The company had a trading volume of 162,329 shares, compared to its average volume of 237,407. The business has a 50-day simple moving average of $4.93 and a 200-day simple moving average of $4.78. Morgan Stanley Emerging Markets Domestic Debt Fund has a 52 week low of $4.22 and a 52 week high of $5.20.

Morgan Stanley Emerging Markets Domestic Debt Fund Company Profile

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.