Western Asset Emerging Markets Debt Fund Inc. to Issue Dividend of $0.09 (NYSE:EMD)

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) announced a dividend on Monday, March 24th, investing.com reports. Stockholders of record on Tuesday, March 25th will be given a dividend of 0.09 per share on Tuesday, April 1st. This represents a dividend yield of 10.92%. The ex-dividend date is Monday, March 24th.

Western Asset Emerging Markets Debt Fund Stock Performance

Shares of EMD stock traded down $0.05 during trading hours on Monday, hitting $9.85. 152,929 shares of the company were exchanged, compared to its average volume of 196,888. Western Asset Emerging Markets Debt Fund has a one year low of $8.89 and a one year high of $10.33. The business’s 50-day simple moving average is $9.84 and its two-hundred day simple moving average is $9.89.

Western Asset Emerging Markets Debt Fund Company Profile

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.