Growth Metrics

Morgan Stanley Direct Lending Fund (MSDL) Dividends Paid - Common (2022 - 2026)

Morgan Stanley Direct Lending Fund (MSDL) reported Dividends Paid - Common of $43.1 million for Q1 2026, down 18.82% year-over-year from $53.1 million in Q1 2025, and down 0.62% on a QoQ basis from $43.4 million in Q4 2025.

Morgan Stanley Direct Lending Fund (MSDL) has 5 years of Dividends Paid - Common data on file, last reported at $43.1 million in Q1 2026.

  • Quarterly Dividends Paid - Common fell 18.82% year-over-year to $43.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $174.0 million (down 5.95% YoY) and the FY2025 annual result came in at $184.0 million, up 8.84% from the prior year.
  • Dividends Paid - Common slipped to $43.1 million in Q1 2026 per MSDL's latest filing, from $43.4 million in the prior quarter.
  • Across five years, Dividends Paid - Common topped out at $53.4 million in Q4 2024 and bottomed at $20.4 million in Q2 2022.
  • The 5-year median for Dividends Paid - Common is $33.8 million (2024), against an average of $34.9 million.
  • The widest annual swing landed in 2024, when Dividends Paid - Common jumped 71.35%; it then fell 18.82% in 2026.
  • Tracing MSDL's Dividends Paid - Common over 5 years: stood at $22.2 million in 2022, then soared by 40.36% to $31.2 million in 2023, then jumped by 71.35% to $53.4 million in 2024, then slipped by 18.78% to $43.4 million in 2025, then declined by 0.62% to $43.1 million in 2026.
  • Per Business Quant, the three latest MSDL Dividends Paid - Common figures stand at $43.1 million (Q1 2026), $43.4 million (Q4 2025), and $43.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Dividends Paid - Common (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -
2 Blackstone 92.68 Bn 91.63 Bn - 356.30 Mn
3 Kkr 84.94 Bn 132.45 Bn - 164.81 Mn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 809.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 295.00 Mn
6 State Street 44.42 Bn 18.75 Bn - 293.00 Mn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 148.00 Mn
8 Northern Trust 31.21 Bn 31.21 Bn - 148.50 Mn
9 Ares Management 28.85 Bn 32.22 Bn - 82.06 Mn
10 Morgan Stanley Direct Lending Fund - - - 43.14 Mn

Historic Data

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DateValue
Mar 31, 2026 43.14 Mn
Mar 31, 2026 43.14 Mn
Dec 31, 2025 43.41 Mn
Dec 31, 2025 43.41 Mn
Sep 30, 2025 43.48 Mn
Sep 30, 2025 43.48 Mn
Jun 30, 2025 44.01 Mn
Jun 30, 2025 44.01 Mn
Mar 31, 2025 53.14 Mn
Mar 31, 2025 53.14 Mn
Dec 31, 2024 53.44 Mn
Dec 31, 2024 53.44 Mn
Sep 30, 2024 44.64 Mn
Sep 30, 2024 44.64 Mn
Jun 30, 2024 33.83 Mn
Jun 30, 2024 33.83 Mn
Mar 31, 2024 37.18 Mn
Mar 31, 2024 37.18 Mn
Dec 31, 2023 31.19 Mn
Dec 31, 2023 31.19 Mn
Sep 30, 2023 29.76 Mn
Sep 30, 2023 29.76 Mn
Jun 30, 2023 25.68 Mn
Jun 30, 2023 25.68 Mn
Mar 31, 2023 23.86 Mn
Mar 31, 2023 23.86 Mn
Dec 31, 2022 22.22 Mn
Dec 31, 2022 22.22 Mn
Sep 30, 2022 20.99 Mn
Sep 30, 2022 20.99 Mn
Jun 30, 2022 20.39 Mn
Jun 30, 2022 20.39 Mn
Mar 31, 2022 22.15 Mn
Mar 31, 2022 22.15 Mn