Morgan Stanley Direct Lending Fund MSDL | NYSE
$13.84
$0.00 | 0.00%
Market Cap:
$1.16 B
PE Ratio:
276.8
52-Week Range:
$12.71 - $17.91
2.8-year Total Return:
-8.3%
Dividend Yield (FWD):
13.01%
Heritage Financial Corporation HFWA | NASDAQ
$28.26
$0.00 | 0.00%
Market Cap:
$1.15 B
PE Ratio:
14.06
52-Week Range:
$21.32 - $31.25
2.8-year Total Return:
+50.8%
Dividend Yield (FWD):
3.54%
2.8-year Total Returns with DRIP & Price Chart for MSDL and HFWA
1Y
2Y
5Y
10Y
All
1Y
2Y
5Y
10Y
All
2.8-yr Total Returns MSDL vs HFWA
| MSDL | HFWA | |
|---|---|---|
| Initial Balance | $10,000 | $10,000 |
| Initial Price | $20.64 | $20.96 |
| Initial Shares | 484.5 | 477.1 |
| Total Dividends | $3,129 | $1,316 |
| Last Dividend | $0.45 | $0.25 |
| Estimated Divs | $298 / quarter | $133 / quarter |
| Yield-on-Cost | 8.72% | 4.77% |
| End Shares | 662.35 (+177.85) | 533.52 (+56.42) |
| Last Shares Price | $13.84 | $28.26 |
| Total End Value | $9,167 | $15,077 |
| Total Return | -8.3% | +50.8% |
| Comparison start date: Jan 24, 2024 | ||
MSDL & HFWA Dividend Charts
MSDL Dividend CAGR:1Y: -10.00%2Y: 112.13%5Y: -9.90%10Y: -9.90%
HFWA Dividend CAGR:1Y: 4.17%2Y: 4.26%5Y: 3.55%10Y: -3.84%
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Fundamentals: Revenue, Earnings, Cash Flow, EBITDA & Shares Outstanding:
MSDL Revenue CAGR:1Y: 179.85%2Y: 17.89%5Y: 22.01%10Y: N/A
HFWA Revenue CAGR:1Y: 66.59%2Y: 15.77%5Y: 12.92%10Y: 9.67%
MSDL EPS CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: N/A
HFWA EPS CAGR:1Y: -16.36%2Y: 18.07%5Y: -4.53%10Y: 2.20%
MSDL Net Income CAGR:1Y: 48.59%2Y: -12.20%5Y: 13.02%10Y: N/A
HFWA Net Income CAGR:1Y: -2.34%2Y: 28.02%5Y: -1.89%10Y: 5.42%
MSDL EBITDA CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: N/A
HFWA EBITDA CAGR:1Y: 99.79%2Y: 82.73%5Y: 15.61%10Y: 9.30%
MSDL Free Cash Flow CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: N/A
HFWA Free Cash Flow CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: 0.00%
MSDL Free Cash Flow / Share CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: N/A
HFWA Free Cash Flow / Share CAGR:1Y: 4.06%2Y: 5.08%5Y: 5.40%10Y: 8.46%
MSDL Shares Outstanding CAGR:1Y: -3.24%2Y: -2.98%5Y: 19.38%10Y: N/A
HFWA Shares Outstanding CAGR:1Y: 19.76%2Y: 9.05%5Y: 2.78%10Y: 3.33%
MSDL Stock-Based Comp CAGR:1Y: N/A2Y: N/A5Y: N/A10Y: N/A
HFWA Stock-Based Comp CAGR:1Y: -100.00%2Y: -100.00%5Y: -100.00%10Y: -100.00%
MSDL Expenses CAGR:1Y: -21.53%2Y: -57.77%5Y: 0.00%10Y: N/A
HFWA Expenses CAGR:1Y: 77.70%2Y: 37.26%5Y: 12.52%10Y: 8.12%
Revenue, EPS, Net Income & Ebitda - Estimates VS Actual:
MSDL Actual Revenue CAGR:1Y: 179.85%2Y: 17.89%5Y: 22.01%10Y: N/A
HFWA Actual Revenue CAGR:1Y: 66.59%2Y: 15.77%5Y: 12.92%10Y: 9.67%
MSDL Actual EPS CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: N/A
HFWA Actual EPS CAGR:1Y: -16.36%2Y: 18.07%5Y: -4.53%10Y: 2.20%
MSDL Actual Net Income CAGR:1Y: 48.59%2Y: -12.20%5Y: 13.02%10Y: N/A
HFWA Actual Net Income CAGR:1Y: -2.34%2Y: 28.02%5Y: -1.89%10Y: 5.42%
MSDL Actual EBITDA CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: N/A
HFWA Actual EBITDA CAGR:1Y: 99.79%2Y: 82.73%5Y: 15.61%10Y: 9.30%
Ratios, Profit Margins & Return on Capital:
MSDL Net Profit Margin CAGR:1Y: 11.58%2Y: -25.53%5Y: -7.37%10Y: N/A
HFWA Net Profit Margin CAGR:1Y: -21.63%2Y: 10.56%5Y: -13.12%10Y: -3.88%
MSDL Gross Profit Margin CAGR:1Y: 0.00%2Y: 0.00%5Y: 0.00%10Y: N/A
HFWA Gross Profit Margin CAGR:1Y: 5.76%2Y: 9.56%5Y: -5.10%10Y: -2.58%
Combined Charts: Earnings, Cash Flow, Valuation, Cash & Debt:
Dividend History Tables
MSDL Dividends Info:
Estimated Annual Dividend:
$1.8
Forward Yield:
13.01%
Ex-Dividend Date:
2026-09-30
Lifetime Dividends / Share:
$6.15
MSDL Dividend History: Dates, Payments & Yield list
Below is a schedule of all MSDL dividend payments, ex-dates, share price on the day of the payment as well as the annualized yield & forward yield
| Ex-Date | Payment Date | Amount | Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 09/30/2026 | 10/02/2026 | $0.450 | 13.21% | 13.3% | $13.53 |
| 06/30/2026 | 07/02/2026 | $0.450 | 11.9% | 11.69% | $15.40 |
| 03/31/2026 | 04/02/2026 | $0.450 | 12.89% | 12.74% | $14.13 |
| 12/31/2025 | 01/02/2026 | $0.500 | 12.14% | 12.15% | $16.46 |
| 09/30/2025 | 10/02/2025 | $0.500 | 12.44% | 12.2% | $16.40 |
| 06/30/2025 | 07/02/2025 | $0.500 | 10.68% | 10.44% | $19.15 |
| 03/31/2025 | 04/02/2025 | $0.500 | 10.02% | 9.86% | $20.28 |
| 12/31/2024 | 01/02/2025 | $0.500 | 9.68% | 9.56% | $20.91 |
| 11/04/2024 | 11/06/2024 | $0.100 | 2.04% | 2.02% | $19.84 |
| 09/30/2024 | 10/02/2024 | $0.500 | 10.11% | 9.93% | $20.14 |
| 08/05/2024 | 08/07/2024 | $0.100 | 2.03% | 2.07% | $19.33 |
| 06/28/2024 | 07/01/2024 | $0.500 | 9.15% | 9.2% | $21.73 |
| 03/27/2024 | 03/29/2024 | $0.500 | 9% | 9.28% | $21.55 |
| 12/27/2023 | 01/25/2024 | $0.600 | 0% | 11.62% | $20.65 |
HFWA Dividends Info:
Estimated Annual Dividend:
$1
Forward Yield:
3.54%
Ex-Dividend Date:
2026-11-04
Lifetime Dividends / Share:
$17.43
HFWA Dividend History: Dates, Payments & Yield list
Below is a schedule of all HFWA dividend payments, ex-dates, share price on the day of the payment as well as the annualized yield & forward yield
| Ex-Date | Payment Date | Amount | Yield | Forward Yield | Price on Ex-Date |
|---|---|---|---|---|---|
| 11/04/2026 | 11/18/2026 | $0.250 | 3.43% | 0% | $0.00 |
| 08/05/2026 | 08/07/2026 | $0.250 | 3.33% | 3.39% | $29.50 |
| 05/06/2026 | 05/08/2026 | $0.240 | 3.5% | 3.49% | $27.52 |
| 01/28/2026 | 01/30/2026 | $0.240 | 3.81% | 3.72% | $25.81 |
| 11/05/2025 | 11/07/2025 | $0.240 | 4.27% | 4.35% | $22.06 |
| 08/06/2025 | 08/08/2025 | $0.240 | 4.29% | 4.27% | $22.49 |
| 05/07/2025 | 05/09/2025 | $0.240 | 4.18% | 4.09% | $23.46 |
| 02/06/2025 | 02/10/2025 | $0.240 | 3.73% | 3.88% | $24.76 |
| 11/06/2024 | 11/08/2024 | $0.230 | 3.37% | 3.5% | $26.26 |
| 08/07/2024 | 08/09/2024 | $0.230 | 4.43% | 4.39% | $20.97 |
| 05/07/2024 | 05/09/2024 | $0.230 | 4.91% | 4.87% | $18.91 |
| 02/07/2024 | 02/09/2024 | $0.230 | 5.09% | 5% | $18.40 |
| 10/31/2023 | 11/02/2023 | $0.220 | 5.41% | 5.13% | $17.17 |
| 08/01/2023 | 08/03/2023 | $0.220 | 4.76% | 4.62% | $19.06 |
| 05/03/2023 | 05/05/2023 | $0.220 | 5.45% | 5.5% | $15.99 |
| 02/07/2023 | 02/09/2023 | $0.220 | 3.01% | 3.07% | $28.69 |
| 11/01/2022 | 11/16/2022 | $0.210 | 2.53% | 2.58% | $32.59 |
| 08/02/2022 | 08/17/2022 | $0.210 | 3.29% | 3.08% | $27.30 |
| 05/03/2022 | 05/18/2022 | $0.210 | 3.38% | 3.4% | $24.74 |
| 02/08/2022 | 02/23/2022 | $0.210 | 3.24% | 3.25% | $25.85 |
| 11/02/2021 | 11/17/2021 | $0.210 | 3.36% | 3.33% | $25.19 |
| 08/03/2021 | 08/18/2021 | $0.200 | 3.29% | 3.26% | $24.54 |
| 05/04/2021 | 05/19/2021 | $0.200 | 2.81% | 2.8% | $28.62 |
| 02/09/2021 | 02/24/2021 | $0.200 | 3.3% | 3.08% | $26.00 |
| 11/03/2020 | 11/18/2020 | $0.200 | 3.67% | 3.29% | $24.31 |
| 08/04/2020 | 08/19/2020 | $0.200 | 4.34% | 4.04% | $19.80 |
| 05/12/2020 | 05/27/2020 | $0.200 | 4.87% | 3.95% | $20.25 |
| 02/05/2020 | 02/20/2020 | $0.200 | 2.95% | 2.98% | $26.84 |
| 11/06/2019 | 11/21/2019 | $0.290 | 4.09% | 4.23% | $27.41 |
| 08/07/2019 | 08/22/2019 | $0.190 | 2.83% | 2.83% | $26.81 |
| 05/07/2019 | 05/22/2019 | $0.180 | 2.32% | 2.4% | $30.00 |
| 02/06/2019 | 02/21/2019 | $0.180 | 2.28% | 2.21% | $32.65 |
| 11/06/2018 | 11/21/2018 | $0.270 | 3.27% | 3.19% | $33.86 |
| 08/08/2018 | 08/23/2018 | $0.150 | 1.69% | 1.65% | $36.45 |
| 05/09/2018 | 05/24/2018 | $0.150 | 1.9% | 1.85% | $32.40 |
| 02/06/2018 | 02/21/2018 | $0.150 | 2.03% | 1.91% | $31.35 |
| 11/07/2017 | 11/22/2017 | $0.230 | 3% | 2.97% | $31.00 |
| 08/08/2017 | 08/24/2017 | $0.130 | 1.9% | 1.97% | $26.45 |
| 05/08/2017 | 05/24/2017 | $0.130 | 2.06% | 2.16% | $24.05 |
| 02/07/2017 | 02/23/2017 | $0.120 | 1.92% | 1.89% | $25.35 |
| 11/04/2016 | 11/22/2016 | $0.370 | 8.2% | 6.46% | $22.90 |
| 08/02/2016 | 08/18/2016 | $0.120 | 2.78% | 2.65% | $18.08 |
| 05/03/2016 | 05/19/2016 | $0.120 | 2.72% | 2.7% | $17.79 |
| 02/08/2016 | 02/24/2016 | $0.110 | 2.53% | 2.54% | $17.31 |
| 11/02/2015 | 11/18/2015 | $0.210 | 4.49% | 4.42% | $19.01 |
| 08/04/2015 | 08/20/2015 | $0.110 | 2.52% | 2.47% | $17.78 |
| 05/05/2015 | 05/21/2015 | $0.110 | 2.63% | 2.53% | $17.37 |
| 02/06/2015 | 02/24/2015 | $0.100 | 2.43% | 2.43% | $16.47 |
| 11/28/2014 | 12/12/2014 | $0.160 | 3.78% | 3.76% | $17.04 |
| 11/04/2014 | 11/20/2014 | $0.090 | 2.06% | 2.03% | $17.74 |
| 08/05/2014 | 08/21/2014 | $0.090 | 2.28% | 2.18% | $16.51 |
| 04/04/2014 | 04/23/2014 | $0.080 | 1.88% | 1.93% | $16.61 |
| 02/06/2014 | 02/24/2014 | $0.080 | 1.97% | 1.82% | $17.57 |
| 11/01/2013 | 11/15/2013 | $0.080 | 1.97% | 1.96% | $16.29 |
| 08/02/2013 | 08/15/2013 | $0.180 | 4.57% | 4.59% | $15.67 |
| 05/08/2013 | 05/24/2013 | $0.080 | 2.32% | 2.28% | $14.06 |
| 02/06/2013 | 02/22/2013 | $0.080 | 2.24% | 2.23% | $14.35 |
| 11/07/2012 | 11/21/2012 | $0.080 | 2.31% | 2.29% | $14.00 |
| 08/08/2012 | 08/24/2012 | $0.080 | 2.3% | 2.3% | $13.90 |
| 07/06/2012 | 07/24/2012 | $0.200 | 5.49% | 5.44% | $14.70 |
| 05/08/2012 | 05/24/2012 | $0.080 | 2.37% | 2.3% | $13.91 |
| 02/08/2012 | 02/24/2012 | $0.060 | 1.68% | 1.74% | $13.80 |
| 11/23/2011 | 12/09/2011 | $0.250 | 8.68% | 7.89% | $12.68 |
| 11/08/2011 | 11/23/2011 | $0.050 | 1.67% | 1.74% | $11.52 |
| 08/10/2011 | 08/26/2011 | $0.050 | 1.72% | 1.72% | $11.64 |
| 05/11/2011 | 05/27/2011 | $0.030 | 0.9% | 0.9% | $13.32 |
| 02/03/2009 | 02/20/2009 | $0.100 | 3.39% | 3.48% | $11.50 |
| 10/10/2008 | 10/31/2008 | $0.140 | 4.98% | 4.59% | $12.21 |
| 07/11/2008 | 07/30/2008 | $0.210 | 6.11% | 5.79% | $14.50 |
| 04/11/2008 | 04/30/2008 | $0.210 | 4.88% | 4.48% | $18.76 |
| 01/11/2008 | 01/30/2008 | $0.210 | 4.37% | 4.33% | $19.40 |
| 10/11/2007 | 10/30/2007 | $0.210 | 3.77% | 3.82% | $21.97 |
| 07/12/2007 | 07/30/2007 | $0.210 | 3.55% | 3.54% | $23.75 |
| 04/12/2007 | 04/30/2007 | $0.210 | 3.5% | 3.66% | $22.98 |
| 01/10/2007 | 01/31/2007 | $0.210 | 3.46% | 3.41% | $24.65 |
| 10/12/2006 | 10/31/2006 | $0.205 | 3.24% | 3.34% | $24.58 |
| 07/13/2006 | 07/31/2006 | $0.200 | 2.96% | 2.99% | $26.79 |
| 04/12/2006 | 04/28/2006 | $0.195 | 2.78% | 2.96% | $26.31 |
| 01/11/2006 | 01/30/2006 | $0.190 | 3.13% | 3.11% | $24.40 |
| 10/13/2005 | 10/28/2005 | $0.185 | 3.19% | 3.06% | $24.15 |
| 07/13/2005 | 07/29/2005 | $0.180 | 3.27% | 3.2% | $22.48 |
| 04/13/2005 | 04/28/2005 | $0.175 | 3.24% | 3.22% | $21.77 |
| 01/12/2005 | 01/28/2005 | $0.170 | 3.13% | 3.02% | $22.50 |
| 10/13/2004 | 10/29/2004 | $0.165 | 3.16% | 3.18% | $20.76 |
| 07/13/2004 | 07/29/2004 | $0.160 | 3.38% | 3.2% | $19.98 |
| 04/13/2004 | 04/29/2004 | $0.155 | 3.14% | 3.17% | $19.57 |
| 01/13/2004 | 01/30/2004 | $0.150 | 2.81% | 2.73% | $21.95 |
| 10/10/2003 | 10/27/2003 | $0.145 | 2.64% | 2.65% | $21.90 |
| 07/11/2003 | 07/28/2003 | $0.140 | 2.63% | 2.62% | $21.40 |
| 04/11/2003 | 04/29/2003 | $0.135 | 2.4% | 2.35% | $23.00 |
| 01/13/2003 | 01/30/2003 | $0.130 | 2.74% | 2.74% | $18.97 |
| 10/10/2002 | 10/29/2002 | $0.125 | 3.12% | 3.04% | $16.45 |
| 07/11/2002 | 07/26/2002 | $0.120 | 3.15% | 3.06% | $15.70 |
| 04/11/2002 | 04/29/2002 | $0.115 | 3.31% | 3.22% | $14.30 |
| 01/11/2002 | 01/30/2002 | $0.110 | 3.76% | 3.64% | $12.10 |
| 10/11/2001 | 10/29/2001 | $0.105 | 3.73% | 3.63% | $11.58 |
| 07/12/2001 | 07/25/2001 | $0.095 | 3.64% | 3.5% | $10.88 |
| 04/11/2001 | 04/27/2001 | $0.095 | 3.93% | 3.75% | $10.13 |
| 01/17/2001 | 01/31/2001 | $0.086 | 3.54% | 3.45% | $9.94 |
| 10/12/2000 | 10/27/2000 | $0.085 | 3.89% | 3.51% | $9.69 |
| 07/12/2000 | 07/28/2000 | $0.076 | 3.45% | 3.46% | $8.81 |
| 04/12/2000 | 04/28/2000 | $0.075 | 3.81% | 3.84% | $7.81 |
| 01/12/2000 | 01/27/2000 | $0.065 | 3.35% | 3.35% | $7.75 |
| 10/13/1999 | 10/27/1999 | $0.065 | 3.25% | 3.06% | $8.50 |
| 07/13/1999 | 07/27/1999 | $0.057 | 2.75% | 2.75% | $8.31 |
| 04/13/1999 | 04/26/1999 | $0.055 | 2.59% | 2.59% | $8.50 |
| 01/13/1999 | 01/25/1999 | $0.100 | 4.13% | 4.15% | $9.63 |
| 10/02/1998 | 10/15/1998 | $0.100 | 3.66% | 3.72% | $10.75 |
| 07/01/1998 | 07/15/1998 | $0.100 | 2.69% | 2.72% | $14.69 |
Projected Future Values & Dividends for MSDL & HFWA
Based on past 2.8 years performance, MSDL had share price CAGR of -13.31%, and dividend CAGR of -3.75%.
During same period HFWA had share price CAGR of +4.59%, and dividend CAGR of +6.76%.
Using these CAGR metrics, we can estimate that your initial $10,000 investment from 2.8 years ago, with dividends being reinvested (DRIP), is modelled to grow and collect dividends as follows:
Projected over 8 years — based on MSDL's 2.8 years of history, the shorter of the two.
Projection uses MSDL applied at -13.31% price / -13.31% dividend.
| MSDL | HFWA | |
|---|---|---|
| Start Value | $10,000 | $10,000 |
| Start Share Price | $13.84 | $28.26 |
| Start Shares | 722.54 | 353.86 |
| After 8 years: | MSDL | HFWA |
| Final Share Count | 2,011.59 | 469.06 |
| Dividends Payment | $0.14 | $0.36 |
| Annual Dividends | $1,155 | $671 |
| Share Price | $4.41 | $40.45 |
| Total Dividends | $10,375 | $3,861 |
| Final Value | $8,878 | $18,974 |
Estimated Future Returns - MSDL
Estimated Future Returns - HFWA
Estimate Dividend Snowball and total future returns for MSDL and HFWA with our dividend (DRIP) calculator.
Above numbers are merely projections based on Dividend and Price CAGR for each stock, and should only be considered as 'potential future returns'! These numbers assume DRIP (reinvesting dividends).
We cannot guarantee that your actual returns will meet these metrics.
