MSDL vs V
Morgan Stanley Direct Lending Fund compared with Visa Inc. on yield, payout growth, payment schedule, cost and risk.
MSDL
Morgan Stanley Direct Lending Fund
TTM yield · Quarterly
V
Visa Inc.
TTM yield · Quarterly
Quick take
- MSDL yields more today: 11.97% vs 0.73% (forward).
- V has grown its payout faster: 13.6%/yr vs -9.5%/yr over the last 1 year.
- Both pay every quarter.
- V has the longer streak of annual increases: 17 years vs 0.
- Over the last year V delivered the higher total return: +5.6% vs -6.5% (price change plus payouts).
- V raises fewer payout-risk flags on our heuristic (low vs elevated).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | MSDL | V |
|---|---|---|
| Share price | $15.04 | $368.64 |
| TTM yield | 12.63% | 0.73% |
| Forward yield | 11.97% | 0.73% |
| Annual payout per share | $1.80 | $2.68 |
| Payment frequency | Quarterly | Quarterly |
| Next ex-date | Sep 30, 2026 (declared) | Nov 10, 2026 (est.) |
| Payout ratio (earnings) | 275% | 22% |
| 1-year payout growth | -9.5% | +13.6% |
| 5-year payout CAGR | — | +15.9% |
| Consecutive years of increases | 0 years | 17 years |
| Payout consistency (last 12) | 66/100 | 90/100 |
| 1-year total return | -6.5% | +5.6% |
| 1-year price return | -17.0% | +4.8% |
| Size (market cap / AUM) | 1.3B | 688.3B |
| Years paying | 2.5 | 18.1 |
| Payout risk (heuristic) | Elevated | Low |
| Sector / category | Financial Services | Financial Services |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| MSDL | V | |
|---|---|---|
| Shares | 664.9 | 27.1 |
| Income per year | $1,197 | $73 |
| Income per month (avg) | $100 | $6 |
At forward yields, before taxes. Model MSDL · Model V
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| MSDL Sep 30, 2026 | Oct 14, 2026 | $0.45 | Declared |
| MSDL Dec 29, 2026 | Jan 12, 2027 | $0.45 | Est. |
| MSDL Mar 29, 2027 | Apr 12, 2027 | $0.45 | Est. |
| V Nov 10, 2026 | Nov 24, 2026 | $0.67 | Est. |
| V Feb 9, 2027 | Feb 23, 2027 | $0.67 | Est. |
| V May 11, 2027 | May 25, 2027 | $0.67 | Est. |
Annual payouts per share
MSDLV
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, MSDL or V?
MSDL currently has the higher trailing yield: MSDL yields 12.63% and V yields 0.73%. Yield changes daily with price, so check the live figures above.
How often do MSDL and V pay?
MSDL pays every quarter and V pays every quarter. MSDL's next ex-date is Sep 30, 2026 and V's is Nov 10, 2026.
Which has grown its dividend faster, MSDL or V?
V has grown its payout faster: 13.6%/yr vs -9.5%/yr over the last 1 year.
Is MSDL or V better for income?
It depends on what you are optimising for. MSDL and V differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.