Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (EDD) to Issue Quarterly Dividend of $0.16 on April 15th

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. (NYSE:EDD) declared a quarterly dividend on Friday, March 21st, Wall Street Journal reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.16 per share by the investment management company on Tuesday, April 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 13.22%. The ex-dividend date is Monday, March 31st.

Morgan Stanley Emerging Markets Domestic Debt Fund Stock Down 0.4 %

Morgan Stanley Emerging Markets Domestic Debt Fund stock traded down $0.02 during trading hours on Friday, reaching $4.84. 185,525 shares of the company were exchanged, compared to its average volume of 247,768. Morgan Stanley Emerging Markets Domestic Debt Fund has a 12 month low of $4.34 and a 12 month high of $5.20. The stock has a 50-day moving average of $4.76 and a 200 day moving average of $4.74.

About Morgan Stanley Emerging Markets Domestic Debt Fund

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc is a closed ended fixed income mutual fund launched and managed by Morgan Stanley Investment Management Inc The fund invests in fixed income markets of emerging market countries across the globe. It typically invests in government bonds denominated in the local currencies of emerging markets.