Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) declared a special dividend on Wednesday, October 10th, Wall Street Journal reports. Stockholders of record on Friday, October 19th will be given a dividend of 0.4673 per share by the investment management company on Thursday, November 15th. The ex-dividend date is Thursday, October 18th. This is an increase from Morgan Stanley China A Share Fund’s previous special dividend of $0.35.

Morgan Stanley China A Share Fund has increased its dividend by an average of 11.4% annually over the last three years.

Morgan Stanley China A Share Fund stock opened at $19.42 on Friday. Morgan Stanley China A Share Fund has a twelve month low of $19.21 and a twelve month high of $27.79.

About Morgan Stanley China A Share Fund

The Morgan Stanley China A Share Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek capital growth by investing, under normal circumstances, approximately 80% of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges.

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