MSDL - NYSE
Morgan Stanley Direct Lending Fund
$15.15
-2.8%Morgan Stanley Direct Lending Fund is a business development and finance company, which engages in lending to middle-market companies. It invests in directly originated senior secured term loans including first lien senior secured term loans and second lien senior secured term loans. The company was founded on May 30, 2019 and is headquartered in New York, NY.
At a Glance
Live SnapshotMorgan Stanley Direct Lending Fund Dividend History
MSDL Dividend Payment History
Total Payments
13
Latest Dividend
$0.4500
Annual Amount
$2.4000
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 5, 2026 | Jun 30, 2026 | Jul 24, 2026 | $0.4500 | $0.4500 | Quarterly | 0.00% |
Feb 26, 2026 | Mar 31, 2026 | Apr 24, 2026 | $0.4500 | $0.4500 | Quarterly | -10.00% |
Nov 6, 2025 | Dec 31, 2025 | Jan 23, 2026 | $0.5000 | $0.5000 | Quarterly | 0.00% |
Aug 7, 2025 | Sep 30, 2025 | Oct 24, 2025 | $0.5000 | $0.5000 | Quarterly | 0.00% |
May 8, 2025 | Jun 30, 2025 | Jul 25, 2025 | $0.5000 | $0.5000 | Quarterly | 0.00% |
Feb 27, 2025 | Mar 31, 2025 | Apr 25, 2025 | $0.5000 | $0.5000 | Quarterly | 0.00% |
Nov 7, 2024 | Dec 31, 2024 | Jan 24, 2025 | $0.5000 | $0.5000 | Quarterly | +400.00% |
Aug 5, 2024 | Nov 4, 2024 | Jan 24, 2025 | $0.1000 | $0.1000 | Quarterly | 0.00% |
Aug 6, 2024 | Sep 30, 2024 | Oct 25, 2024 | $0.5000 | $0.5000 | Quarterly | +400.00% |
Jan 11, 2024 | Aug 5, 2024 | Oct 25, 2024 | $0.1000 | $0.1000 | Quarterly | 0.00% |
May 8, 2024 | Jun 28, 2024 | Jul 25, 2024 | $0.5000 | $0.5000 | Quarterly | 0.00% |
Feb 29, 2024 | Mar 29, 2024 | Apr 25, 2024 | $0.5000 | $0.5000 | Quarterly | -16.67% |
N/A | Dec 28, 2023 | Jan 25, 2024 | $0.6000 | $0.6000 | Quarterly | - |
Morgan Stanley Direct Lending Fund Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.
Dividend Growth
Dividend cut is concerning. Investigate whether due to one-time factors or fundamental business deterioration. Reassess dividend sustainability.
Sustainability
Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.
Key Insight
Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.
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Research Paths
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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