SmarterDividends
MSD

Morgan Stanley Emerging Markets Debt Fund, Inc.

MSD

Financial Services · Asset Management · Stock · quarterly payer

$6.74

Undervalued · +151% Add to Portfolio

Forward Yield

8.68%

Annual Dividend

$0.59

Payout Ratio

57%

5-Yr Growth

11.0%

Ex-Date

Sep 30, 2026

Frequency

Quarterly

Key facts about MSD's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) has a forward dividend yield of 8.68%, based on an annual dividend of $0.59 per share and a share price of $6.74.
  • As of Oct 18, 2026, MSD's dividend safety grade from SmarterDividends is C (60 out of 100), which rates the dividend as borderline.
  • MSD last cut its regular dividend in 2025.
  • MSD's most recent ex-dividend date was Sep 30, 2026, for a dividend of $0.15 per share.
  • As of Oct 18, 2026, MSD pays out 57% of its trailing 12-month earnings as dividends (its payout ratio).
  • MSD's dividend has grown at an average rate of 11.0% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for MSD is $16.93 per share, 151% above the $6.74 share price, so MSD screens as undervalued.
  • Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) pays its dividend quarterly, 4 times a year.
Cite this page

SmarterDividends, "MSD Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/MSD

Summary

As of Oct 18, 2026, Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) yields 8.68% ($0.59 a year per share) and has a dividend safety grade of C (60/100).

Is MSD a good dividend stock?

Yes, with caveats

Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) pays a quarterly dividend yielding 8.68% ($0.59/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 (57%)
  • Strong 11.0% 5-yr dividend growth

Risks

  • Cut its dividend in 2025
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years

Key Data

Dividend Yield
8.68%
Payout Ratio
57%
Annual Dividend
$0.59
5-Yr Avg Growth
11.0%
Ex-Dividend Date
Sep 30, 2026
Years of Growth
0
Frequency
quarterly
Beta
0.59
Market Cap
$136.4M
P/E Ratio
6.4
5-Yr Total Return
-25%
52-Week Range
$6.62 – $7.94
Dividend Safety
C · 60/100
Ever Cut?
Yes (2025)

MSD dividend changes

Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) pays a variable dividend: across the 131 payments on record since 1993, 21 were higher than the one before and 23 lower. The latest change was down 3.3% to $0.145 per share, going ex-dividend on Sep 30, 2026.

Ex-dateChangeOld → newMove
Sep 30, 2026Lower$0.150 → $0.145−3.3%
Jun 30, 2026Higher$0.140 → $0.150+7.1%
Mar 31, 2026Lower$0.150 → $0.140−6.7%
Dec 19, 2025Lower$0.170 → $0.150−11.8%
Sep 30, 2025Lower$0.190 → $0.170−10.5%
Jun 30, 2025Lower$0.220 → $0.190−13.6%
Jun 28, 2024Higher$0.210 → $0.220+4.8%
Mar 27, 2024Higher$0.200 → $0.210+5.0%
Dec 14, 2023Higher$0.188 → $0.200+6.4%
Jun 29, 2023Higher$0.158 → $0.188+19.0%
Mar 30, 2023Higher$0.120 → $0.158+31.7%
Mar 30, 2022Lower$0.125 → $0.120−4.0%
Every MSD payment →Download every raise and cut (CSV)
MSD ex-dividend date & scheduleNext ex-date Sep 30, 2026 · full ex-dividend historyView →MSD dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is MSD a good dividend stock?

Yes, with caveats. Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) pays a quarterly dividend yielding 8.68% ($0.59/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 MSD undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, MSD's fair value is about $16.93 versus a $6.74 share price — so it looks undervalued (+151% vs. fair value).

Is MSD's dividend safe?

MSD has a dividend-safety grade of C (60/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

What is MSD's fair value?

Our blended fair-value estimate for MSD is about $16.93 per share, roughly 151% above the current $6.74 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is MSD a buy, hold, or sell?

We don't issue formal ratings, but on the data MSD screens as "yes, with caveats" and undervalued. Morgan Stanley Emerging Markets Debt Fund, Inc. (MSD) pays a quarterly dividend yielding 8.68% ($0.59/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 MSD cut its dividend?

MSD earns a dividend-safety grade of C (60/100), 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 MSD pay a dividend?

Yes. Morgan Stanley Emerging Markets Debt Fund, Inc. pays a quarterly dividend of about $0.59 per share annually, a forward yield of roughly 8.68%.

What is MSD's dividend yield?

As of Oct 18, 2026, MSD's forward dividend yield is 8.68%, based on a $0.59 annual dividend and a $6.74 share price.

What is MSD's dividend per share?

As of Oct 18, 2026, MSD pays $0.59 per share per year, distributed on a quarterly basis.

What is MSD's dividend payout ratio?

As of Oct 18, 2026, MSD's payout ratio is 57% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has MSD grown its dividend?

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

When is the next MSD ex-dividend date?

As of Oct 18, 2026, MSD's next ex-dividend date hasn't been announced. The most recent was Sep 30, 2026, for $0.15 per share.

Income Calculator

At $0.59 / yr per share

Per payment (quarterly)$14.75
Annual$59.00
Monthly avg$4.92

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