Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:EMD) Plans $0.10 Monthly Dividend

Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:EMD) declared a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Shareholders of record on Friday, June 21st will be paid a dividend of 0.10 per share on Monday, July 1st. This represents a $1.20 dividend on an annualized basis and a yield of 8.62%. The ex-dividend date is Thursday, June 20th.

Western Asset Emerging Mrkts Dbt Fnd has raised its dividend payment by an average of 11.7% annually over the last three years.

Western Asset Emerging Mrkts Dbt Fnd stock traded up $0.01 during trading hours on Friday, reaching $13.92. 118,500 shares of the stock were exchanged, compared to its average volume of 173,936. Western Asset Emerging Mrkts Dbt Fnd has a 52-week low of $11.82 and a 52-week high of $14.04.

An institutional investor recently raised its position in Western Asset Emerging Mrkts Dbt Fnd stock. Geode Capital Management LLC boosted its holdings in Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:EMD) by 46.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 213,163 shares of the company’s stock after acquiring an additional 67,899 shares during the period. Geode Capital Management LLC owned 0.74% of Western Asset Emerging Mrkts Dbt Fnd worth $2,619,000 as of its most recent filing with the Securities and Exchange Commission.

TRADEMARK VIOLATION NOTICE: This news story was first reported by Rockland Register and is the property of of Rockland Register. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this news story can be read at https://rocklandregister.com/2019/06/14/western-asset-emerging-mrkts-dbt-fnd-inc-emd-announces-monthly-dividend-of-0-10.html.

Western Asset Emerging Mrkts Dbt Fnd 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.

See Also: What is the balance sheet?

Dividend History for Western Asset Emerging Mrkts Dbt Fnd (NYSE:EMD)

Receive News & Ratings for Western Asset Emerging Mrkts Dbt Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Emerging Mrkts Dbt Fnd and related companies with MarketBeat.com's FREE daily email newsletter.