Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) Declares Dividend Increase – $0.33 Per Share

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) declared an annual dividend on Tuesday, December 3rd,Wall Street Journal reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.3272 per share by the investment management company on Friday, December 27th. This represents a yield of 1%. The ex-dividend date is Friday, December 13th. This is a boost from Morgan Stanley China A Share Fund’s previous annual dividend of $0.12.

Morgan Stanley China A Share Fund has decreased its dividend by an average of 62.5% annually over the last three years.

Morgan Stanley China A Share Fund Price Performance

Shares of Morgan Stanley China A Share Fund stock opened at $12.94 on Wednesday. The firm has a fifty day moving average price of $13.13 and a two-hundred day moving average price of $12.23. Morgan Stanley China A Share Fund has a fifty-two week low of $11.00 and a fifty-two week high of $16.11.

Morgan Stanley China A Share Fund Company Profile

Morgan Stanley China A Share Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc It is co-managed by Morgan Stanley Investment Management Company. The fund invests in the public equity markets of China. It seeks to invest in the stocks of companies operating across diversified sectors.