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

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a monthly dividend on Friday, February 21st, Wall Street Journal reports. Investors of record on Thursday, May 22nd will be paid a dividend of 0.09 per share on Monday, June 2nd. This represents a $1.08 dividend on an annualized basis and a yield of 10.98%. The ex-dividend date of this dividend is Thursday, May 22nd.

Western Asset Emerging Markets Debt Fund Stock Down 0.7 %

Shares of EMD stock opened at $9.84 on Friday. The business’s fifty day moving average price is $9.82 and its 200 day moving average price is $9.89. 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.