What is MSDL's current dividend yield?

MSDL (Morgan Stanley Direct Lending Fund) yields 13.83% based on an annual dividend of $1.85 per share at a stock price of $13.38. Dividends are paid quarterly.

How much does $10,000 in MSDL generate in dividends?

$10,000 invested in MSDL at 13.83% yield generates approximately $1382.66 per year, or $115.22 per month in dividend income. With DRIP reinvestment, this compounds significantly over time.

How much does $50,000 in MSDL pay in dividends?

$50,000 in MSDL generates approximately $6913.30 per year at the current 13.83% yield.

Is MSDL a good dividend stock in 2026?

MSDL pays quarterly dividends with a 13.83% yield and 132% payout ratio. The 5-year dividend CAGR is 100%. Investors should monitor the 132% payout ratio. This is not financial advice.

When is MSDL's next ex-dividend date?

MSDL's next ex-dividend date has not been announced yet; the most recent one was 2026-09-30. Dividends are paid quarterly. Always verify with your broker before the ex-dividend date to ensure eligibility.

What is MSDL's dividend growth rate over 5 years?

MSDL has a 5-year dividend CAGR of 100% and a 1-year dividend growth rate of -11.9%. Companies with consistent dividend growth above inflation are favored by income investors.

Home › Calculator › MSDL Dividend Calculator 2026

MSDL Dividend DRIP Calculator 2026

13.83% YieldFinancial Services

Morgan Stanley Direct Lending Fund · NYSE

Price: $13.38 · Annual div: $1.85/share · Frequency: quarterly · Payout ratio: 132% · Ex-div: 2026-09-30

Annual dividend

$1.85

per share

Forward yield

13.83%

at current price

1Y div growth

-11.9%

CAGR

5Y div growth

+100%

CAGR

Payout ratio

132%

Monitor closely

Calculator settings

ACCOUNT TYPE

INITIAL INVESTMENT

MONTHLY CONTRIBUTION$0/mo

$0$500$1k$2k

INVESTMENT HORIZON10 years

1y10y20y30y

PRICE GROWTH / YEAR15%

DIVIDEND GROWTH / YEAR15%

DRIP Reinvestment

Auto-reinvest all dividends

Monthly passive income

$1,495.23

after 10 years · DRIP ✓

Yield on cost: 179.43%

Annual dividend income

$17,942.71

after 10 years

Total dividends: $70.9K

Real Yield · Inflation Adjusted

+11.03%= 13.83% yield − 2.8% CPI

iCalculated by subtracting the current 12-month CPI (2.8%) from the forward yield. Yield exceeds inflation — purchasing power is growing.

Portfolio (DRIP)

$147.7K

Portfolio (no DRIP)

$72.7K

DRIP bonus

+$75.0K

Total return

+1377.1%

📊 See how MSDL actually performed since 2021 →

Real historical prices · DRIP simulation · DCA backtest

Last 5 Years →

Year-by-year projection

DRIP ON ✓ · Roth IRA / ISA

Year	Shares	Annual income	Monthly income	Portfolio value	Yield on cost	Cumul. dividends
1	850.72	$1,590.06	$132.51	$13,090	15.9%	$1,590
2	968.35	$2,081.40	$173.45	$17,135	20.81%	$3,671
3	1,102.24	$2,724.56	$227.05	$22,430	27.25%	$6,396
4	1,254.64	$3,566.47	$297.21	$29,361	35.66%	$9,962
5	1,428.11	$4,668.53	$389.04	$38,433	46.69%	$14,631
6	1,625.57	$6,111.13	$509.26	$50,309	61.11%	$20,742
7	1,850.34	$7,999.51	$666.63	$65,855	80%	$28,742
8	2,106.17	$10,471.40	$872.62	$86,205	104.71%	$39,213
9	2,397.39	$13,707.13	$1,142.26	$112,843	137.07%	$52,920
10	2,728.86	$17,942.71	$1,495.23	$147,712	179.43%	$70,863

Portfolio growth: DRIP vs No DRIP

Annual dividend income growth

💡 What-if scenarios

Click to apply scenario to the calculator

☕

Daily coffee money

+$150/mo for 15 years

$937.5K

$9,489.88/month income

DCA bonus vs no DCA: +$369.8K

📱

Skip one gadget/mo

+$100/mo for 20 years

$3.14M

$31,804.52/month income

DCA bonus vs no DCA: +$960.1K

🚀

Serious wealth mode

+$500/mo for 25 years

$26.90M

$272,272.86/month income

DCA bonus vs no DCA: +$18.51M

🎯 When MSDL pays your bills

Year your monthly dividend income covers each expense (based on current settings)

📺

Netflix

$18/month

✓ Year 1

🎵

Spotify

$11/month

✓ Year 1

📱

Phone bill

$60/month

✓ Year 1

🛒

Gas & groceries

$300/month

✓ Year 5

🚗

Car payment

$500/month

✓ Year 6

🏠

Rent (avg US)

$1,500/month

Increase investment or time

🏝️

Financial freedom

$5,000/month

Increase investment or time

MSDL Dividend History — Last 14 Payments

Ex-Dividend Date	Payment Date	Amount / Share	TTM Yield	Stock Price
2026-09-30Latest	2026-10-23	$0.4500	12.13%	$15.25
2026-06-30	2026-07-24	$0.4500	12.20%	$15.57
2026-03-31	2026-04-24	$0.4500	13.24%	$14.73
2025-12-31	2026-01-23	$0.5000	11.66%	$17.15
2025-09-30	2025-10-24	$0.5000	11.62%	$18.07
2025-06-30	2025-07-25	$0.5000	11.28%	$19.51
2025-03-31	2025-04-25	$0.5000	10.78%	$20.41
2024-12-31	2025-01-24	$0.5000	10.34%	$21.27
2024-11-04	2025-01-24	$0.1000	11.49%	$20.02
2024-09-30	2024-10-25	$0.5000	10.91%	$20.16
2024-08-05	2024-10-25	$0.1000	8.34%	$20.39
2024-06-28	2024-07-25	$0.5000	6.91%	$23.16
2024-03-27	2024-04-25	$0.5000	5.56%	$19.79
2023-12-27	2024-01-25	$0.6000	—	—

Share your MSDL snowball 📈

$10,000 in MSDL → $147.7K in 10 years · $1,495.23/month

Post on X

About Morgan Stanley Direct Lending Fund (MSDL) — Dividend Analysis 2026

Morgan Stanley Direct Lending Fund functions as a business development company (BDC) specializing in finance, primarily providing capital to mid-sized enterprises. Its investment strategy focuses on directly originating and funding senior secured term loans, encompassing both first-lien and second-lien security interests. This entity commenced operations on May 30, 2019, and maintains its principal headquarters in New York City.

Is MSDL a good dividend investment in 2026?

MSDL offers a 13.83% forward yield with a 132% payout ratio. Strand Safety Score: 20/100 (Critical Risk). The 5-year dividend CAGR of 100% demonstrates strong, consistent growth that outpaces inflation.

MSDL DRIP calculator — what's the difference?

With DRIP on a $10,000 investment over 10 years, your MSDL portfolio grows to $147.7K vs $72.7K without reinvestment. This is the compound interest effect in action.

MSDL dividend growth history & forecast

MSDL has grown its dividend by -11.9% over the last year and 100% annually over 5 years. At this pace, an investor who holds for 10+ years will see their yield on cost grow substantially above the current 13.83%.

Compare MSDL with similar stocks

⚖️ Compare MSDL vs SCHD →

Expert Reviewed byVictor StrandVERIFIED

This calculation uses the DividendFlow Engine v6.0. Data is verified daily against SEC filings and FMP real-time feeds to ensure projection accuracy.

📬

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Ready to invest? Open MSDL position with:

🛡️ Dividend Safety Analysis

Strand Safety Score™ — MSDL

Proprietary model · FCF Coverage (40) · Debt Leverage (30) · Earnings Momentum (30)

/100

Critical Risk

Cash Flow Coverage1.0× coverage

0 / 40 pts

0/40

FCF ($151M) is below dividends paid ($157M) — risk of cut (FCF: $151M · Dividends est.: $157M)

Debt Leverage

12 / 30 pts

12/30

Debt/EBITDA data not available for this ticker

Earnings Momentum+0.1B → +0.2B → +0.2B

8 / 30 pts

8/30

Net income is positive but trending down — watch for further deterioration

OVERALL ASSESSMENT

High risk of dividend cut — weak fundamentals across multiple factors.

STRAND SCORE

/100

Strand Safety Score™ is proprietary to DividendFlow. Inputs: FCF, Debt/EBITDA, Net Income from SEC filings via FMP. Not financial advice. N/A for ETFs, pre-revenue companies, and tickers without income statements.

🌍 MSDL Yield by Country & Account Type

Real after-tax yield depends on where you live and how you hold MSDL.

Gross yield

13.83%

Tax rate

15.00%

After-tax yield

11.76%

Real yield (−CPI)

8.96%

Account/Country	Tax Rate	After-tax Yield	Real Yield	$10K Annual Income
🇺🇸 Roth IRA / 401k	0%	13.83%	11.03%	$1,383 / yr
🇺🇸 US Taxable (15%) ✓	15%	11.76%	8.96%	$1,176 / yr
🇺🇸 US Taxable (20%)	20%	11.06%	8.26%	$1,106 / yr
🇬🇧 UK ISA	0%	13.83%	11.03%	$1,383 / yr
🇬🇧 UK Taxable	8.75%	12.62%	9.82%	$1,262 / yr
🇨🇦 TFSA	0%	13.83%	11.03%	$1,383 / yr
🇨🇦 CA Taxable	25%	10.37%	7.57%	$1,037 / yr
🇦🇺 Super (pension)	15%	11.76%	8.96%	$1,176 / yr
🇦🇺 AU Taxable	30%	9.68%	6.88%	$968 / yr
🇩🇪 DE Taxable	26.375%	10.18%	7.38%	$1,018 / yr
🇫🇷 FR Taxable	30%	9.68%	6.88%	$968 / yr

Real yield = after-tax yield minus US CPI of 2.8%. 12-month CPI (US BLS via FMP economic-indicators). Click any row to select. US withholding tax (30%, reducible by treaty) applies to non-US residents holding US stocks in taxable accounts.

🎯 MSDL Income Goal & Break-Even

Dividend Break-Even

6yr

Years for dividends to fully repay your MSDL investment of $13.38/share (🇺🇸 US Taxable (15%) · 15.00% tax)

$10K invested · 10 Years

Dividends earned (DRIP)

$53.5K

Lost to inflation (2.8% CPI)

−$2.5K

Real purchasing power gain

$51.0K

12-month CPI (US BLS via FMP economic-indicators).

How much do I need to invest in MSDL for:

Shares needed

15,263

Capital required

$204,219

Monthly income

$2,000

Based on current dividend of $1.85/share/yr · 🇺🇸 US Taxable (15%) · static projection (no growth assumed).

📅 MSDL Dividend Payment Schedule

MSDL pays quarterly — 4 times per year. Ex-div: 2026-09-30.

Jan

Feb

Mar

💰

Apr

May

Jun

💰

Jul

Aug

Sep

💰

Oct

Nov

Dec

💰

10 shares

$3.93 / payment

$15.72 / year after tax

100 shares

$39.31 / payment

$157.25 / year after tax

1,000 shares

$393.13 / payment

$1572.50 / year after tax

📊 MSDL vs Financial Services Benchmarks

How MSDL compares to typical Financial Services averages.

Benchmark: Financial Services

Dividend Yield▲+10.93% vs sectorBetter

MSDL

13.83%

avg

2.90%

5Y Dividend CAGR▲+92.90% vs sectorBetter

MSDL

100.00%

avg

7.10%

Payout Ratio▼+94.00% vs sectorBelow avg

MSDL

132.00%

avg

38.00%

Benchmarks: S&P 500 sector averages (2024–2026). Sources: Morningstar, Bloomberg, NAREIT. 5Y CAGR for MSDL sourced from FMP /financial-growth endpoint — real data, not estimates.

🏛️ MSDL Insider Activity

▲ 10 Buys

When executives buy their own stock, it's a signal they believe in the dividend's sustainability.

Insider	Title	Type	Date	Shares	Price	Total Value
Day Jeff M.	officer: Co-President	Buy	2026-03-05	5,000	$14.89	$74.5K
Mizrachi Orit	officer: See Remarks	Buy	2026-03-03	1,000	$14.49	$14.5K
MILLER DAVID N	director	Buy	2026-03-03	5,000	$14.69	$73.5K
MILLER DAVID N	director	Buy	2026-03-02	5,000	$14.68	$73.4K
Occi Michael Jr.	director, officer: Chief Executive Officer	Buy	2026-03-02	7,000	$14.87	$104.1K
Krishnan Ashwin	officer: Chief Investment Officer	Buy	2025-11-11	3,000	$16.72	$50.2K
FRANK BRUCE D	director	Buy	2025-11-10	600	$16.41	$9.8K
Binstock Joan	director	Buy	2025-10-06	9,030	$16.64	$150.2K
Shannon Kevin	director	Buy	2025-08-14	5,000	$17.70	$88.5K
Pessah David	officer: Chief Financial Officer	Buy	2025-08-14	3,400	$17.72	$60.3K

Insider transactions sourced from SEC Form 4 filings via Financial Modeling Prep. See disclaimer.

🎯

Analyst Price Target

Wall Street consensus

Current Price

$13.38

Analyst Target

$15.00

Upside / Downside

+12.1%

Range

$14.50 – $15.50

💡 If MSDL reaches the analyst target of $15.00, investors buying today at $13.38 would see an effective yield of 12.33% on shares purchased at target price — vs 13.83% at current price.

Analyst consensus price target via FMP. Not a guarantee of future performance. Past analyst accuracy varies.

👥

Peer Group

Similar companies in the same sector

CET FINV FRME GAM MBIN OXLC QFIN SRCE

Compare MSDL with peers: MSDL vs CET · MSDL vs FINV · MSDL vs FRME

📅

Next Earnings Report: 2026-11-05EPS estimate: $0.44

🔬

Financial Health Scores

Altman Z-Score

0.54

🔴 Distress Zone — elevated dividend cut risk

Safe: >3.0 · Grey: 1.81–3.0 · Distress: <1.81

Piotroski F-Score

8/9

✅ Strong fundamentals

Strong: 7–9 · Moderate: 4–6 · Weak: 0–3

Altman Z-Score predicts bankruptcy risk. Piotroski F-Score measures financial strength across 9 criteria. High scores → lower dividend cut risk. Data via FMP financial statements.

📊 About This Data

Dividend yields, payout ratios, and financial metrics are sourced from Financial Modeling Prep (FMP) and cross-referenced with SEC EDGAR filings. Data is cached and updated every 24 hours via our nightly refresh. DRIP projections are forward-looking estimates, not guarantees.

🔄 Updated daily🔒 SEC EDGAR source✍️ Reviewed by Victor Strand

📊 Data via FMP🔒 SEC EDGAR🔄 Updated daily✍️ Reviewed by Victor Strand 📬 Report data error

Educational purposes only. Not financial advice. DividendFlow is not a registered investment advisor. Projections generated by the MSDL dividend calculator are estimates based on historical data and user inputs. Actual future returns, stock prices, and dividend payments will vary. Dividends can be cut or suspended at any time. All investments carry risk, including the loss of principal. Please consult a qualified financial professional before making any investment decisions. Full disclaimer →

1-year price trend

📊MSDL Live Context

Morgan Stanley Direct Lending Fund (MSDL) is currently trading at $13.38, trading near its 52-week low. The current dividend yield is 13.83% based on an annual payout of $1.85 per share.

52W High: $17.9152W Low: $13.23Market Cap: $1.1BP/E: 9.6

✨

MSDL (Morgan Stanley Direct Lending Fund) — 13.83% Dividend Yield Analysis

Morgan Stanley Direct Lending Fund (MSDL) is a financial services stock currently trading at $13.38 with a dividend yield of 13.83%. The company pays an annual dividend of $1.85 per share. The payout ratio of 132% indicates investors should monitor dividend sustainability. Over the past 5 years, MSDL has grown its dividend at a compound annual rate of 100.0%.

⚠️ Key Risks

High payout ratio (132%) — dividend cuts are possible if earnings decline.
Above-average yield (13.83%) may signal elevated risk — verify sustainability.

Auto-generated from live market data. For educational purposes only — not financial advice.

📅 Add MSDL earnings to Calendar

📰

Latest MSDL News

Live

2 BDCs To Ditch Before Another Dividend Cut

SeekingAlpha·2d ago

Morgan Stanley Direct Lending Fund Announces Third Quarter 2026 Earnings Release and Conference Call

Yahoo·6d ago

News aggregated from public sources via Finnhub & RSS. For informational purposes only.

● Updated October 12, 2026

✍️

Created by

Victor Strand

Founder & Lead Analyst

🔍

Reviewed for accuracy

DividendFlow Research

Editorial & data team

🏛️

Based on

FMP API + SEC EDGAR

Live data, verified daily

Helpful?

📚 For educational purposes only. Not financial advice. Data sourced from Financial Modeling Prep (FMP) and SEC EDGAR. Results are estimates — actual returns will vary. Full disclaimer →

How investors use the MSDL dividend calculator

Illustrative examples of common use cases, written by the DividendFlow team — not customer reviews.

MSDL Dividend DRIP Calculator 2026

Calculator settings

Year-by-year projection

Portfolio growth: DRIP vs No DRIP

Annual dividend income growth

💡 What-if scenarios

🎯 When MSDL pays your bills

MSDL Dividend History — Last 14 Payments

Share your MSDL snowball 📈

About Morgan Stanley Direct Lending Fund (MSDL) — Dividend Analysis 2026

Compare MSDL with similar stocks

Get Your Full MSDL DRIP Report by Email

Strand Safety Score™ — MSDL

🌍 MSDL Yield by Country & Account Type

🎯 MSDL Income Goal & Break-Even

📅 MSDL Dividend Payment Schedule

📊 MSDL vs Financial Services Benchmarks

🏛️ MSDL Insider Activity

Analyst Price Target

Peer Group

Financial Health Scores

MSDL (Morgan Stanley Direct Lending Fund) — 13.83% Dividend Yield Analysis

Latest MSDL News

How investors use the MSDL dividend calculator

Projected your MSDL DRIP returns?