Templeton Emerging Markets Fund (NYSE:EMF) Plans $0.22 Quarterly Dividend

Templeton Emerging Markets Fund (NYSE:EMF - Get Free Report) announced a quarterly dividend on Friday, March 7th, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.22 per share by the financial services provider on Monday, March 31st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 6.72%. The ex-dividend date of this dividend is Monday, March 17th.

Templeton Emerging Markets Fund has decreased its dividend payment by an average of 22.8% annually over the last three years.

Templeton Emerging Markets Fund Stock Up 1.5 %

Templeton Emerging Markets Fund stock traded up $0.19 during mid-day trading on Friday, reaching $13.09. The company's stock had a trading volume of 5,915 shares, compared to its average volume of 30,088. The business's 50 day simple moving average is $12.53 and its 200 day simple moving average is $12.74. Templeton Emerging Markets Fund has a 12 month low of $11.14 and a 12 month high of $14.44.

Templeton Emerging Markets Fund Company Profile

Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of emerging market countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.