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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) declared a monthly dividend on Thursday, November 21st,Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.06 per share on Friday, March 28th. This represents a $0.72 dividend on an annualized basis and a yield of 14.53%. The ex-dividend date is Thursday, March 13th.

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

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

EDF stock opened at $4.96 on Friday. The stock’s 50 day simple moving average is $5.10 and its 200 day simple moving average is $5.26. Virtus Stone Harbor Emerging Markets Income Fund has a 12-month low of $4.15 and a 12-month high of $5.75.

About Virtus Stone Harbor Emerging Markets Income Fund

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.