MSDL — Morgan Stanley Direct Lending Fund
Dividend Grades
vs Financial Services sector| Metric | MSDL | Sector Median |
|---|---|---|
| Dividend Yield | 13.86% | 3.27% |
| Dividend Growth (5Y) | — | 5.31% |
| Payout Ratio | 142.9% | 36.0% |
| Consecutive Years Paid | 2 | 13 |
| 1Y Total Return | -16.7% | 8.8% |
Grades compare this stock to Financial Services sector peers using percentile ranks. A+ = top 10%, F = bottom 10%. See methodology →
1-Year Growth
-9.09%
3-Year Growth
N/A
5-Year Growth
N/A
10-Year Growth
N/A
Key Dividend Dates
Next Ex-Date
Mar 31, 2026
Next Payment
Apr 24, 2026
Last Ex-Date
Dec 31, 2025
Last Payment
Jan 23, 2026
Dividend History
| Ex-Date | Amount | Change |
|---|---|---|
| Mar 31, 2026 | $0.4500 | -10.00% |
| Dec 31, 2025 | $0.5000 | 0.00% |
| Sep 30, 2025 | $0.5000 | 0.00% |
| Jun 30, 2025 | $0.5000 | 0.00% |
| Mar 31, 2025 | $0.5000 | 0.00% |
| Dec 31, 2024 | $0.5000 | +400.00% |
| Nov 4, 2024 | $0.1000 | -80.00% |
| Sep 30, 2024 | $0.5000 | +400.00% |
| Aug 5, 2024 | $0.1000 | -80.00% |
| Jun 28, 2024 | $0.5000 | 0.00% |
| Mar 27, 2024 | $0.5000 | N/A |
Payout Ratio (Earnings)
142.9%
HighFCF Payout Ratio
76.8%
ModerateFinancial Snapshot
| Period | EPS | FCF |
|---|---|---|
| Q1 2025 | $0.34 | $34.10M |
| Q2 2025 | $0.41 | $40.81M |
| Q3 2025 | $0.32 | $34.41M |
| Q4 2025 | $0.33 | $116.79M |
Analyst Ratings (Last 90 Days)
Peer Comparison
Frequently Asked Questions
Does Morgan Stanley Direct Lending Fund pay a dividend?
Yes, Morgan Stanley Direct Lending Fund (MSDL) pays a quarterly dividend with a yield of 13.86%.
What is MSDL's dividend yield?
MSDL's current dividend yield is 13.86%. The annual dividend is $2.00.
When is MSDL's next ex-dividend date?
MSDL's next ex-dividend date is Mar 31, 2026.
How many years has Morgan Stanley Direct Lending Fund increased its dividend?
Morgan Stanley Direct Lending Fund has increased its dividend for 0 consecutive years.
Compare MSDL:
About this data
Dividend data sourced from Financial Modeling Prep. Prices updated daily after market close.
Payout ratio — trailing 12-month dividends paid / trailing 12-month net income.
Consecutive years — calendar years with a higher total annual dividend than the prior year.
Growth rates — annualized, comparing the most recent full year total to the total N years prior.
For informational purposes only. Not investment advice.
Data as of March 22, 2026. Source: Financial Modeling Prep. Prices and yields updated daily after market close.