Templeton Emerging Markets Fund (NYSE:EMF – Get Free Report) announced a quarterly dividend on Friday, March 7th, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.22 per share by the financial services provider on Monday, March 31st. This represents a $0.88 annualized dividend and a dividend yield of 6.72%. The ex-dividend date is Monday, March 17th.
Templeton Emerging Markets Fund has decreased its dividend by an average of 22.8% per year over the last three years.
Templeton Emerging Markets Fund Stock Performance
Shares of NYSE EMF opened at $13.10 on Friday. The company’s 50 day simple moving average is $12.53 and its 200 day simple moving average is $12.74. Templeton Emerging Markets Fund has a fifty-two week low of $11.14 and a fifty-two week high of $14.44.
About Templeton Emerging Markets Fund
Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of emerging market countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.
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