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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) announced a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.06 per share on Monday, December 30th. This represents a $0.72 annualized dividend and a yield of 14.53%. The ex-dividend date of this dividend is Thursday, December 12th.

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

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

Shares of Virtus Stone Harbor Emerging Markets Income Fund stock traded down $0.01 during midday trading on Thursday, hitting $4.96. The company’s stock had a trading volume of 96,808 shares, compared to its average volume of 114,120. Virtus Stone Harbor Emerging Markets Income Fund has a 1-year low of $4.15 and a 1-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.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

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.