Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) to Issue $0.06 Monthly Dividend

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) announced a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.06 per share on Monday, December 30th. This represents a $0.72 annualized dividend and a yield of 14.53%. The ex-dividend date of this dividend is Thursday, December 12th.

Virtus Stone Harbor Emerging Markets Income Fund has increased its dividend by an average of 57.7% annually over the last three years.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

Shares of NYSE:EDF traded down $0.01 during trading hours on Thursday, hitting $4.96. 96,808 shares of the company’s stock traded hands, compared to its average volume of 114,120. The company’s fifty day simple moving average is $5.10 and its two-hundred day simple moving average is $5.26. Virtus Stone Harbor Emerging Markets Income Fund has a 52 week low of $4.15 and a 52 week high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.