Western Asset Emerging Markets Debt Fund Inc. (EMD) to Issue Monthly Dividend of $0.08 on September 3rd

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Shareholders of record on Friday, August 23rd will be paid a dividend of 0.0845 per share on Tuesday, September 3rd. This represents a $1.01 dividend on an annualized basis and a yield of 10.18%. The ex-dividend date of this dividend is Friday, August 23rd.

Western Asset Emerging Markets Debt Fund Stock Down 0.2 %

EMD opened at $9.97 on Wednesday. Western Asset Emerging Markets Debt Fund has a fifty-two week low of $7.85 and a fifty-two week high of $9.98. The business has a 50-day moving average of $9.61 and a 200-day moving average of $9.38.

About Western Asset Emerging Markets Debt Fund

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.