Dividend Update for Morgan Stanley Direct Lending Fund Before Sep 30, 2025 Ex-Dividend Date

Morgan Stanley Direct Lending Fund (MSDL) has announced a cash dividend of $0.50 per share, to be paid on Oct 24, 2025. The ex-dividend date is Sep 30, 2025, and the announcement was made on Aug 7, 2025. This amount is consistent with the fund’s last dividend of $0.50 per share, which was issued on Jul 25, 2025. When compared to the average of the last 10 dividends per share, which stands at $0.40, this upcoming payout is higher. Investors should note that the ex-dividend date is the last day to purchase shares and still qualify for the dividend.

Over the past week, MSDL has attracted significant market attention due to several key developments. Most notably, the fund recently completed a $401.2 million debt securitization through its indirect subsidiary, North Haven Private Credit CLO 1 LLC. This move, announced on Sept 17, 2025, involves issuing a range of secured and subordinated notes to support a diversified portfolio of loans. The transaction is part of the fund’s strategy to maintain leverage and optimize capital structure while adhering to asset coverage requirements. Analysts indicated that such structured financing is a common tool for funds seeking to enhance returns through strategic debt deployment.

In tandem with these developments, market sentiment has turned cautiously optimistic. As of late, a buy signal was issued for MSDL following a pivot bottom point on Sept 24, 2025, which led to a 0.296% increase in share price. However, the stock has also experienced a minor pullback, with the price dropping $0.08 recently, trading near the bottom of its range. Despite this, some observers view the current valuation as attractive, noting the fund’s strong balance sheet and consistent dividend performance.

Since the last update, the fund has also seen heightened news coverage, with five articles published in a week—surpassing the average of three. These reports have largely focused on the recent debt offering and its implications for the fund’s liquidity and long-term strategy. The filing of Form 8-K on Sept 22, 2025, outlined the terms of the securitization in detail, including the interest rates and maturity dates for the various note classes.

In summary, MSDL is navigating a period of strategic capital deployment and market volatility. The recent securitization highlights the fund’s proactive approach to leveraging its assets while maintaining compliance with regulatory standards. Investors should also be aware that the ex-dividend date of Sep 30, 2025, marks the final opportunity to purchase shares and receive the $0.50 per share dividend. Any purchase made after this date will not be eligible for the upcoming payout.