Templeton Emerging Markets Income Fund Announces Monthly Dividend of $0.05 (NYSE:TEI)

Templeton Emerging Markets Income Fund (NYSE:TEIGet Free Report) declared a monthly dividend on Friday, February 7th,Wall Street Journal reports. Investors of record on Tuesday, February 18th will be given a dividend of 0.0475 per share on Friday, February 28th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 10.53%. The ex-dividend date of this dividend is Tuesday, February 18th.

Templeton Emerging Markets Income Fund Stock Performance

Shares of NYSE TEI opened at $5.42 on Friday. The stock’s 50 day moving average price is $5.28 and its 200-day moving average price is $5.48. Templeton Emerging Markets Income Fund has a twelve month low of $5.04 and a twelve month high of $5.94.

Templeton Emerging Markets Income Fund Company Profile

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Templeton Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc It is managed by Franklin Advisers, Inc The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in bonds issued by sovereign or sovereign-related entities and private sector companies.

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Dividend History for Templeton Emerging Markets Income Fund (NYSE:TEI)

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