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

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a — dividend on Wednesday, November 20th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.0875 per share on Monday, March 3rd. This represents a dividend yield of 10.7%. The ex-dividend date of this dividend is Friday, February 21st.

Western Asset Emerging Markets Debt Fund Stock Performance

Shares of NYSE EMD traded up $0.04 during mid-day trading on Wednesday, reaching $9.84. 252,517 shares of the company’s stock were exchanged, compared to its average volume of 204,698. Western Asset Emerging Markets Debt Fund has a 52-week low of $8.46 and a 52-week high of $10.33. The company’s 50-day moving average is $9.97 and its 200-day moving average is $9.71.

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.