MSDL Dividend History
Morgan Stanley Direct Lending Fund · every payment since 2024
As of Oct 18, 2026, Morgan Stanley Direct Lending Fund (MSDL) has paid 13 dividends since 2024. The most recent was $0.4500 per share (ex-date Sep 30, 2026, paid Oct 23, 2026). Over the last 12 months MSDL paid $1.8500 across 4 payments, a trailing yield of 14.20%. The average of the last 2 regular payments is -5.3% versus the 2 before.
Latest dividend
$0.4500
Last ex-date
Sep 30, 2026
Paid, last 12 months
$1.85
Trailing yield
14.20%
Frequency
Quarterly
Growth streak
1 yrs
Key facts: MSDL dividend history
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, SmarterDividends has 13 dividend payments on record for Morgan Stanley Direct Lending Fund (MSDL), going back to 2024.
- MSDL's most recent dividend was $0.45 per share, with an ex-dividend date of Sep 30, 2026 and a pay date of Oct 23, 2026.
- In the 12 months to Oct 18, 2026, MSDL paid $1.85 per share in dividends across 4 payments, a trailing yield of 14.20%.
- MSDL's most recent dividend cut took effect with the Mar 31, 2026 ex-date, a 10.0% reduction to $0.45 per share.
- MSDL paid $2.00 per share in dividends in calendar year 2025, down 9.1% from 2024.
Cite this page
SmarterDividends, "MSDL Dividend History: Every Payment, Dates & Yield," updated Oct 18, 2026, https://smarterdividends.com/stocks/MSDL/dividend-history
Dividends versus price, last 12 months
Paid out
11.00%
of price a year ago
Price change
-22.5%
$16.82 → $13.03
Approx. total return
-11.5%
before taxes
Total return adds dividends received to the price change; it ignores reinvestment and taxes.
MSDL dividends per year
Total paid per share by calendar year
Recent dividend amounts
Last 11 regular payments, per share
MSDL dividend history by year
| Year | Payments | Total per share | Change |
|---|---|---|---|
| 2026year to date | 3 | $1.3500 | — |
| 2025 | 4 | $2.0000 | -9.1% |
| 2024 | 6timing | $2.2000 | — |
Every MSDL dividend
0 raises · 1 cuts · 2 specials| Ex-dividend date | Pay date | Amount | Change | Type |
|---|---|---|---|---|
| Sep 30, 2026 | Oct 23, 2026 | $0.4500 | +0.0% | Unchanged |
| Jun 30, 2026 | Jul 24, 2026 | $0.4500 | +0.0% | Unchanged |
| Mar 31, 2026 | Apr 24, 2026 | $0.4500 | -10.0% | Cut |
| Dec 31, 2025 | Jan 23, 2026 | $0.5000 | +0.0% | Unchanged |
| Sep 30, 2025 | Oct 24, 2025 | $0.5000 | +0.0% | Unchanged |
| Jun 30, 2025 | Jul 25, 2025 | $0.5000 | +0.0% | Unchanged |
| Mar 31, 2025 | Apr 25, 2025 | $0.5000 | +0.0% | Unchanged |
| Dec 31, 2024 | Jan 24, 2025 | $0.5000 | +0.0% | Unchanged |
| Nov 4, 2024 | Jan 24, 2025 | $0.1000 | — | Special |
| Sep 30, 2024 | Oct 25, 2024 | $0.5000 | +0.0% | Unchanged |
| Aug 5, 2024 | Oct 25, 2024 | $0.1000 | — | Special |
| Jun 28, 2024 | Jul 25, 2024 | $0.5000 | +0.0% | Unchanged |
| Mar 27, 2024 | Apr 25, 2024 | $0.5000 | — | First |
MSDL dividend history — FAQ
How much is MSDL's dividend?
As of Oct 18, 2026, MSDL's most recent dividend was $0.4500 per share, with an ex-dividend date of Sep 30, 2026 and a pay date of Oct 23, 2026. Over the last 12 months it paid $1.8500 per share across 4 payments, a trailing yield of 14.20%.
How often does MSDL pay a dividend?
Morgan Stanley Direct Lending Fund pays on a quarterly schedule. It made 4 payments in the last 12 months and 4 in 2025.
When is MSDL's next dividend?
MSDL's next ex-dividend date has not been announced yet. Based on its quarterly schedule, the next payment follows the pattern in the table above.
Has MSDL ever cut its dividend?
Yes. Our payment-by-payment record shows 1 regular payment lower than the one before it.
How much did MSDL pay in dividends in 2025?
MSDL paid $2.0000 per share across 4 payments in 2025, down 9.1% from 2024.
What was MSDL's total return including dividends over the last year?
Over the 12 months to Oct 18, 2026, MSDL paid $1.8500 per share, 11.00% of its price a year earlier, while its price moved -22.5%. That is an approximate total return of -11.5% before taxes and reinvestment.
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Amounts are per share and adjusted for stock splits, so early payments appear smaller than the cash paid at the time; a year with an extra or missing ex-date shows as a jump in the annual table. Change compares each regular payment with the previous regular one; payments of at least 2.5 times the recent median are treated as specials. Data refreshes daily; informational only, not investment advice. Back to MSDL