My first bullish piece on MSDL was issued back in April 2024. It was also the second article covering MSDL on Seeking Alpha. Since the publication of my thesis, MSDL has gradually become a 'household name' among BDC investors. The good news is that looking at the current financials, the case for durable, close to double digit yield, remains intact.
Morgan Stanley Direct Lending Fund is a highly defensive BDC focusing on first-lien debt in non-cyclical sectors, ensuring stable cash flows and low technological risks. The current regular DPS coverage is attractive at ~119%, but further Fed rate cuts could impact dividend coverage due to MSDL's floating-rate debt investments. MSDL's valuation is appealing, with the potential to reestablish the premium, ensuring capital gathering effectiveness.
Kinder Morgan (KMI) and Sunoco LP (SUN) are among the latest midstream companies to provide financial guidance for 2025. Outlooks for EBITDA and dividend growth provide helpful visibility for investors.
JP Morgan analyst Christopher Horvers maintained an Overweight rating for Lowe's Companies, Inc. LOW with a price forecast of $300.
Escalating natural gas demand and stable take-or-pay contracts brighten KMI's prospects. However, there are some uncertainties engulfing the firm.
When the biggest investment banks in the financial market guide Main Street into one strategy, they usually do it in a subtle way to test the waters. If there is a lot of traction behind the idea, then they will pull out the “big guns” in a wave of content, guest interviews, or other ways to get more minds—and capital—behind a recommendation.
Kinder Morgan (KMI -0.78%) recently revealed its financial expectations for the upcoming year. The natural gas pipeline giant foresees its earnings continuing to rise, which will give it the fuel to increase its dividend once again.
Morgan Stanley Direct Lending Fund offers a 10% dividend yield, strong brand backing, and growth potential, making it an appealing choice for income investors. The fund's low-risk portfolio, with 96% in senior secured debt, and diversified borrower base reduce overall investment risk. Despite interest rate declines, MSDL's portfolio growth and low leverage levels have maintained stable net investment income per share.
Erik Woodring, Morgan Stanley equity research executive director, joins CNBC's 'Closing Bell' to discuss expectations for Apple's upgrade cycle, the potential impact of a new White House administration on the company, and more.
Kinder Morgan forecast higher earnings in 2025 on Monday, as the U.S. pipeline operator bets on growth in its natural gas pipelines and energy transition ventures amid rising demand for the fuel.
January 13-16, 2025, San Francisco, CA IRVINE, Calif., December 9, 2024 – PRISM MediaWire – Oncocyte Corp., (Nasdaq: OCX), a leading diagnostics technology company, today announced that Chief Executive Officer Josh Riggs and Chief Financial Officer Andrea James will attend “J.P.
On Monday, Morgan Stanley began the week by converting two of its Pathway funds into ETFs. Each of these ETFs looks to offer capital appreciation through differing strategies.