Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. Announces Quarterly Dividend of $0.16 (NYSE:EDD)

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) declared a quarterly dividend on Monday, March 24th, Wall Street Journal reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.16 per share by the investment management company on Tuesday, April 15th. This represents a $0.64 annualized dividend and a dividend yield of 13.26%. The ex-dividend date is Monday, March 31st.

Morgan Stanley Emerging Markets Domestic Debt Fund Trading Up 0.3 %

Shares of Morgan Stanley Emerging Markets Domestic Debt Fund stock traded up $0.02 during trading on Monday, hitting $4.83. 193,976 shares of the company’s stock traded hands, compared to its average volume of 246,332. Morgan Stanley Emerging Markets Domestic Debt Fund has a 1 year low of $4.34 and a 1 year high of $5.20. The business has a 50-day simple moving average of $4.73 and a 200-day simple moving average of $4.74.

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.