Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Get Free Report) announced a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be paid a dividend of 0.09 per share on Monday, June 2nd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 10.92%. The ex-dividend date of this dividend is Thursday, May 22nd. This is a positive change from Western Asset Emerging Markets Debt Fund's previous monthly dividend of $0.08.
Western Asset Emerging Markets Debt Fund Price Performance
Western Asset Emerging Markets Debt Fund stock traded down $0.08 during trading on Thursday, reaching $9.89. The company had a trading volume of 683,547 shares, compared to its average volume of 211,262. The firm's 50-day simple moving average is $9.82 and its 200 day simple moving average is $9.89. Western Asset Emerging Markets Debt Fund has a 52 week low of $8.89 and a 52 week high of $10.33.
About Western Asset Emerging Markets Debt Fund
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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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