Morgan Stanley Direct Lending Fund (MSDL) Dividends Paid - Common and Prefferd (2022 - 2026)
Morgan Stanley Direct Lending Fund (MSDL) reported Dividends Paid - Common and Prefferd of $38.41 million for Q2 2026, down 12.7% from $44.01 million a year earlier and down 11.0% from the prior quarter.
Morgan Stanley Direct Lending Fund (MSDL) Dividends Paid - Common and Prefferd (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Morgan Stanley Direct Lending Fund's Dividends Paid - Common and Prefferd came in at $168.43 million, down 13.7% year-over-year; for FY2025, it was $184.03 million, up 8.8% from FY2024.
- Dividends Paid - Common and Prefferd has increased for four consecutive years, with a four-year compound annual growth rate of 48.1% (FY2021 to FY2025).
- By year, Dividends Paid - Common and Prefferd came in at $169.08 million in FY2024 (+53.0%), $110.5 million in FY2023 (+28.9%), $85.75 million in FY2022 (+124.4%) and $38.22 million in FY2021.
- The Q2 2026 figure ranks as the lowest quarterly Dividends Paid - Common and Prefferd since Q2 2024.
- Year over year, Dividends Paid - Common and Prefferd has now declined in each of the last four quarters, with growth averaging 17.7% over the last eight quarters.
- The high point for year-over-year Dividends Paid - Common and Prefferd in five years was Q4 2024 (growth of 71.3%); the low point was Q1 2026 (a decline of 18.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $43.14 million (Q1 2026), $43.41 million (Q4 2025) and $43.48 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div Paid (Total) (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 44.95 Bn | 30.63 Bn | - | - |
| 2 | Orix | 41.97 Bn | 42.47 Bn | - | - |
| 3 | Royalty Pharma | 33.14 Bn | 33.05 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.99 Bn | 24.99 Bn | - | - |
| 5 | Affirm Holdings | 23.75 Bn | 17.44 Bn | - | - |
| 6 | Synchrony Financial | 23.25 Bn | -44.72 Bn | - | 100.00 Mn |
| 7 | Royal Gold | 19.67 Bn | 18.90 Bn | 390.45 Mn | 40.33 Mn |
| 8 | Annaly Capital Management | 14.04 Bn | 5.13 Bn | - | 552.38 Mn |
| 9 | Ares Capital | 13.76 Bn | 11.19 Bn | - | 345.00 Mn |
| 10 | Morgan Stanley Direct Lending Fund | 1.16 Bn | 807.09 Mn | - | 38.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.41 Mn |
| Mar 31, 2026 | 43.14 Mn |
| Dec 31, 2025 | 43.41 Mn |
| Sep 30, 2025 | 43.48 Mn |
| Jun 30, 2025 | 44.01 Mn |
| Mar 31, 2025 | 53.14 Mn |
| Dec 31, 2024 | 53.44 Mn |
| Sep 30, 2024 | 44.64 Mn |
| Jun 30, 2024 | 33.83 Mn |
| Mar 31, 2024 | 37.18 Mn |
| Dec 31, 2023 | 31.19 Mn |
| Sep 30, 2023 | 29.76 Mn |
| Jun 30, 2023 | 25.68 Mn |
| Mar 31, 2023 | 23.86 Mn |
| Dec 31, 2022 | 22.22 Mn |
| Sep 30, 2022 | 20.99 Mn |
| Jun 30, 2022 | 20.39 Mn |
| Mar 31, 2022 | 22.15 Mn |
Morgan Stanley Direct Lending Fund Dividends Paid - Common and Prefferd API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividends-paid-common-and-prefferd&ticker=MSDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividends-paid-common-and-prefferd", "ticker": "MSDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividends-paid-common-and-prefferd&ticker=MSDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();