Morgan Stanley China A Share Fund (CAF) Dividend

Morgan Stanley China A Share Fund, Inc. · Financial Services · Asset Management · annual payer

$16.38

As of Nov 8, 2026, Morgan Stanley China A Share Fund (CAF) pays an annual dividend of $0.2630 per share, or $0.26 a year, a 1.61% yield at its $16.38 share price. It pays once a year, usually in December. It has a dividend safety grade of C.

Forward Yield

1.61%

Annual Dividend

$0.26

Payout Ratio

5-Yr Growth

-35.2%

Ex-Date

Dec 19, 2025

Frequency

Annual

Key facts about CAF's dividend

Data as of Nov 8, 2026 · Source: SmarterDividends data

As of Nov 8, 2026, Morgan Stanley China A Share Fund, Inc. (CAF) has a forward dividend yield of 1.61%, based on an annual dividend of $0.26 per share and a share price of $16.38.
As of Nov 8, 2026, CAF's dividend safety grade from SmarterDividends is C (61 out of 100), which rates the dividend as borderline.
CAF last cut its regular dividend in 2025.
CAF's most recent ex-dividend date was Dec 19, 2025, for a dividend of $0.26 per share.
As of Nov 8, 2026, CAF pays out 3% of its trailing 12-month earnings as dividends (its payout ratio).
CAF's dividend has shrunk at an average rate of 35.2% a year over the past five years.
As of Nov 8, 2026, CAF's 1.61% yield is 31% below its five-year average yield of 2.32%.
Morgan Stanley China A Share Fund, Inc. (CAF) pays its dividend annual, once a year.

Cite this page

SmarterDividends, "CAF Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/CAF

Is CAF a good dividend stock?

Yes, with caveats

Morgan Stanley China A Share Fund, Inc. (CAF) pays a annual dividend yielding 1.61% ($0.26/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

Comfortable payout ratio (3%)

Risks

Cut its dividend in 2025
Dividend has been shrinking, not growing
Share price is down over the past 5 years

Key Data

Dividend Yield: 1.61%
Payout Ratio: 3%
Annual Dividend: $0.26
5-Yr Avg Growth: -35.2%
Ex-Dividend Date: Dec 19, 2025
Years of Growth: 0
Frequency: annual
Beta: —
Market Cap: $218.7M
P/E Ratio: 1.8
5-Yr Total Return: -22%
52-Week Range: $15.60 – $21.41
Dividend Safety: C · 61/100
Ever Cut?: Yes (2025)

CAF dividend changes

Morgan Stanley China A Share Fund, Inc. (CAF) pays a variable dividend: across the 26 payments on record since 2007, 9 were higher than the one before and 7 lower. The latest change was up 115.6% to $0.263 per share, going ex-dividend on Dec 19, 2025.

Ex-date	Change	Old → new	Move
Dec 19, 2025	Higher	$0.122 → $0.263	+115.6%
Dec 14, 2023	Higher	$0.0030 → $0.122	+3966.7%
Dec 15, 2022	Lower	$0.821 → $0.0030	−99.6%
Dec 19, 2019	Lower	$0.879 → $0.821	−6.6%
Dec 20, 2018	Higher	$0.851 → $0.879	+3.3%
Oct 18, 2018	Higher	$0.0340 → $0.851	+2402.9%
Jun 28, 2017	Lower	$0.797 → $0.0340	−95.7%
Sep 28, 2016	Lower	$4.83 → $0.797	−83.5%
Sep 17, 2015	Higher	$0.950 → $4.83	+408.4%
Dec 24, 2014	Higher	$0.768 → $0.950	+23.7%
Sep 26, 2014	Higher	$0.112 → $0.768	+585.7%
Dec 24, 2013	Lower	$0.367 → $0.112	−69.5%

Every CAF payment →Download every raise and cut (CSV)

CAF ex-dividend date & scheduleNext ex-date Dec 19, 2025 · full ex-dividend historyView →CAF dividend historyEvery payment, totals by year, raises and cutsView →CAF dividend calculator100 shares pay $26.00 a year, $26.00 each yearCalculate →CAF total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is CAF a good dividend stock?

Yes, with caveats. Morgan Stanley China A Share Fund, Inc. (CAF) pays a annual dividend yielding 1.61% ($0.26/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is CAF's dividend safe?

CAF has a dividend-safety grade of C (61/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

Is CAF a buy, hold, or sell?

We don't issue formal ratings, but on the data CAF screens as "yes, with caveats". Morgan Stanley China A Share Fund, Inc. (CAF) pays a annual dividend yielding 1.61% ($0.26/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will CAF cut its dividend?

CAF earns a dividend-safety grade of C (61/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does CAF pay a dividend?

Yes. Morgan Stanley China A Share Fund, Inc. pays a annual dividend of about $0.26 per share annually, a forward yield of roughly 1.61%.

How much dividend does 100 shares of CAF pay?

At $0.26 per share a year, 100 shares of CAF pay $26.00 a year in dividends before tax, about $26.00 each year. Buying them costs about $1,638 at the Nov 8, 2026 price.

What is CAF's dividend yield?

As of Nov 8, 2026, CAF's forward dividend yield is 1.61%, based on a $0.26 annual dividend and a $16.38 share price.

What is CAF's dividend per share?

As of Nov 8, 2026, CAF pays $0.26 per share per year, distributed on a annual basis.

What is CAF's dividend payout ratio?

As of Nov 8, 2026, CAF's payout ratio is 3% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has CAF grown its dividend?

CAF does not currently have a long dividend-growth streak on record.

When is the next CAF ex-dividend date?

As of Nov 8, 2026, CAF's next ex-dividend date hasn't been announced. The most recent was Dec 19, 2025, for $0.26 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full CAF dividend history →

Ex-Date	Pay Date	Amount	Type
Dec 19, 2025	Dec 29, 2025	$0.2630	regular
Dec 13, 2024	Dec 27, 2024	$0.3270	regular
Dec 14, 2023	Dec 27, 2023	$0.1220	regular
Dec 15, 2022	Dec 28, 2022	$0.0030	regular
Dec 16, 2021	Dec 29, 2021	$1.3400	regular
Dec 17, 2020	Dec 29, 2020	$2.3050	regular
Dec 19, 2019	Dec 27, 2019	$0.8210	regular
Dec 20, 2018	Dec 27, 2018	$0.8790	regular
Oct 18, 2018	Nov 15, 2018	$0.8510	regular
Dec 21, 2017	Dec 29, 2017	$1.1830	regular
Jun 28, 2017	Jul 14, 2017	$0.0340	regular
Sep 28, 2016	Nov 30, 2016	$0.7970	regular
Dec 29, 2015	—	$8.5140	regular
Sep 17, 2015	Oct 1, 2015	$4.8300	regular