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

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a monthly dividend on Wednesday, August 7th, Wall Street Journal reports. Shareholders of record on Thursday, October 24th will be given a dividend of 0.0845 per share on Friday, November 1st. This represents a $1.01 annualized dividend and a yield of 10.08%. The ex-dividend date is Thursday, October 24th.

Western Asset Emerging Markets Debt Fund Stock Down 0.4 %

Shares of NYSE EMD opened at $10.06 on Wednesday. Western Asset Emerging Markets Debt Fund has a 1-year low of $7.85 and a 1-year high of $10.33. The business has a 50-day moving average of $10.01 and a 200-day moving average of $9.62.

About Western Asset Emerging Markets Debt Fund

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.