Morgan Stanley Direct Lending Fund (MSDL) dividend history

Financial Services · Asset Management · Market cap $1.1B

Morgan Stanley Direct Lending Fund paid $184M in dividends in fiscal 2025, about $2.11 per share.

Dividends per share grew 14.5% a year over 4 years, rising in each of the last 4 years.

At today's price the trailing yield is 15.04%.

Dividends by fiscal year

Dividends paid from the cash flow statement in Morgan Stanley Direct Lending Fund's 10-K filings, divided by diluted shares (an approximation of the per-share dividend).

Fiscal yearPer shareGrowthTotal paid% of free cash flow% of net income
2025$2.11 +10.6%$184M —151%
2024$1.91 +28.1%$169M —78%
2023$1.49 +7.1%$110M —48%
2022$1.39 +13.4%$86M —177%
2021$1.23 —$38M —46%

Dividend calculator · Highest dividend yields · What the payout ratio tells you

Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for MSDL.
Open MSDL in Investingly

Questions

Does Morgan Stanley Direct Lending Fund pay a dividend?

Morgan Stanley Direct Lending Fund paid $184M in dividends in fiscal 2025, about $2.11 per share.

How fast has Morgan Stanley Direct Lending Fund's dividend grown?

Dividends per share grew 14.5% a year over 4 years, rising in each of the last 4 years.

From Morgan Stanley Direct Lending Fund's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.