Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:EMD) announced a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Shareholders of record on Friday, August 23rd will be paid a dividend of 0.10 per share on Tuesday, September 3rd. This represents a $1.20 dividend on an annualized basis and a yield of 8.71%. The ex-dividend date is Thursday, August 22nd.
Western Asset Emerging Mrkts Dbt Fnd has raised its dividend payment by an average of 11.7% per year over the last three years.
Shares of Western Asset Emerging Mrkts Dbt Fnd stock opened at $13.78 on Wednesday. Western Asset Emerging Mrkts Dbt Fnd has a fifty-two week low of $11.82 and a fifty-two week high of $14.54. The company’s 50 day moving average price is $14.27 and its two-hundred day moving average price is $13.93.
About Western Asset Emerging Mrkts Dbt Fnd
Western Asset Emerging Markets Debt Fund Inc is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe.
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