Western Asset Emerging Markets Debt Fund Inc. (EMD) to Issue Dividend of $0.09 on February 3rd

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) announced a dividend on Wednesday, January 22nd,investing.com reports. Stockholders of record on Monday, January 27th will be paid a dividend of 0.0875 per share on Monday, February 3rd. This represents a dividend yield of 10.67%. The ex-dividend date is Friday, January 24th.

Western Asset Emerging Markets Debt Fund Price Performance

Shares of NYSE EMD traded up $0.03 during mid-day trading on Wednesday, reaching $9.83. The company’s stock had a trading volume of 128,658 shares, compared to its average volume of 179,704. The stock has a 50-day moving average of $9.83 and a two-hundred day moving average of $9.86. Western Asset Emerging Markets Debt Fund has a 1-year low of $8.89 and a 1-year high of $10.33.

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.