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 Thursday, January 23rd,investing.com reports. Investors of record on Monday, January 27th will be paid a dividend of 0.0875 per share on Monday, February 3rd. This represents a yield of 10.66%. The ex-dividend date is Friday, January 24th.

Western Asset Emerging Markets Debt Fund Stock Up 0.2 %

EMD stock traded up $0.02 during trading on Thursday, hitting $9.86. 167,091 shares of the company traded hands, compared to its average volume of 178,807. The stock’s 50-day simple moving average is $9.83 and its 200 day simple moving average is $9.86. Western Asset Emerging Markets Debt Fund has a 1 year low of $8.89 and a 1 year high of $10.33.

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.