Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Plans $0.06 Monthly Dividend

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) announced a monthly dividend on Thursday, November 21st,Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.06 per share on Friday, March 28th. This represents a $0.72 dividend on an annualized basis and a yield of 14.55%. The ex-dividend date is Thursday, March 13th.

Virtus Stone Harbor Emerging Markets Income Fund has raised its dividend payment by an average of 57.7% annually over the last three years.

Virtus Stone Harbor Emerging Markets Income Fund Stock Down 0.4 %

NYSE EDF traded down $0.02 during trading on Thursday, hitting $4.95. The stock had a trading volume of 84,106 shares, compared to its average volume of 113,999. Virtus Stone Harbor Emerging Markets Income Fund has a one year low of $4.15 and a one year high of $5.75. The stock has a 50 day simple moving average of $5.10 and a 200 day simple moving average of $5.26.

About Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.