Stone Harbor Emerging Markets Income Fnd (NYSE:EDF) announced a monthly dividend on Thursday, July 20th, Wall Street Journal reports. Stockholders of record on Monday, October 16th will be given a dividend of 0.18 per share on Thursday, October 26th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 12.87%. The ex-dividend date is Friday, October 13th.
Shares of Stone Harbor Emerging Markets Income Fnd (NYSE EDF) opened at 16.78 on Tuesday. The stock has a 50 day moving average price of $16.96 and a 200-day moving average price of $16.55. Stone Harbor Emerging Markets Income Fnd has a 52-week low of $13.35 and a 52-week high of $17.31.
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Stone Harbor Emerging Markets Income Fnd Company Profile
Stone Harbor Emerging Markets Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to maximize total return, which consists of income on its investments and capital appreciation. The Fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in emerging markets securities, including fixed income securities and other instruments (including derivatives) that are economically tied to emerging market countries.
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