Templeton Emerging Markets Income Fund (NYSE:TEI) to Issue $0.05 Monthly Dividend

Templeton Emerging Markets Income Fund (NYSE:TEIGet Free Report) declared a monthly dividend on Tuesday, July 9th, Wall Street Journal reports. Stockholders of record on Thursday, July 18th will be paid a dividend of 0.0475 per share on Wednesday, July 31st. This represents a $0.57 annualized dividend and a dividend yield of 10.58%. The ex-dividend date is Thursday, July 18th.

Templeton Emerging Markets Income Fund Stock Performance

NYSE TEI traded up $0.03 on Tuesday, reaching $5.39. The company had a trading volume of 109,011 shares, compared to its average volume of 120,338. Templeton Emerging Markets Income Fund has a fifty-two week low of $4.35 and a fifty-two week high of $5.73. The business has a 50 day moving average of $5.39 and a two-hundred day moving average of $5.29.

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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