Western Asset Emerging Markets Debt Fund Inc. to Issue Monthly Dividend of $0.08 (NYSE:EMD)

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a monthly dividend on Tuesday, August 6th, NASDAQ reports. Shareholders of record on Monday, September 23rd will be paid a dividend of 0.0845 per share on Tuesday, October 1st. This represents a $1.01 dividend on an annualized basis and a yield of 10.00%. The ex-dividend date is Monday, September 23rd.

Western Asset Emerging Markets Debt Fund Stock Performance

Shares of NYSE EMD opened at $10.14 on Friday. The business’s 50-day moving average price is $9.81 and its two-hundred day moving average price is $9.50. Western Asset Emerging Markets Debt Fund has a one year low of $7.85 and a one year high of $10.18.

Western Asset Emerging Markets Debt Fund Company Profile

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.