Western Asset Emerging Markets Debt Fund Inc. Announces Monthly Dividend of $0.08 (NYSE:EMD)

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a monthly dividend on Wednesday, August 7th, Wall Street Journal reports. Stockholders of record on Thursday, October 24th will be paid a dividend of 0.0845 per share on Friday, November 1st. This represents a $1.01 annualized dividend and a dividend yield of 10.04%. The ex-dividend date is Thursday, October 24th.

Western Asset Emerging Markets Debt Fund Stock Performance

Western Asset Emerging Markets Debt Fund stock opened at $10.10 on Tuesday. Western Asset Emerging Markets Debt Fund has a 1-year low of $7.85 and a 1-year high of $10.33. The firm’s fifty day simple moving average is $9.99 and its 200-day simple moving average is $9.61.

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.