Morgan Stanley Asia Pacific Fund Inc. (NYSE:APF) announced an annual dividend on Wednesday, December 13th, Wall Street Journal reports. Shareholders of record on Friday, December 22nd will be paid a dividend of 0.151 per share by the financial services provider on Wednesday, January 10th. This represents a dividend yield of 0.84%. The ex-dividend date is Thursday, December 21st.
Morgan Stanley Asia Pacific Fund has raised its dividend by an average of 12.5% annually over the last three years.
Shares of Morgan Stanley Asia Pacific Fund (NYSE:APF) traded up $0.08 during trading on Wednesday, hitting $18.00. 2,323 shares of the company’s stock traded hands, compared to its average volume of 22,709. Morgan Stanley Asia Pacific Fund has a 52 week low of $12.80 and a 52 week high of $18.33.
The Morgan Stanley Asia-Pacific Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in equity securities of Asian-Pacific issuers and in debt securities issued or guaranteed by Asian Pacific governments or governmental entities.
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