Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. to Issue 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 dividend on an annualized basis 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 %

Morgan Stanley Emerging Markets Domestic Debt Fund stock traded up $0.02 during midday trading on Monday, hitting $4.83. The stock had a trading volume of 193,976 shares, compared to its average volume of 246,332. The firm’s fifty day moving average is $4.73 and its two-hundred day moving average is $4.74. Morgan Stanley Emerging Markets Domestic Debt Fund has a 52-week low of $4.34 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.