Templeton Emerging Markets Income Fund (TEI) To Go Ex-Dividend on April 17th

Templeton Emerging Markets Income Fund (NYSE:TEI) declared a monthly dividend on Tuesday, April 8th, Wall Street Journal reports. Shareholders of record on Thursday, April 17th will be paid a dividend of 0.0475 per share on Wednesday, April 30th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 11.21%. The ex-dividend date is Thursday, April 17th.

Templeton Emerging Markets Income Fund Trading Up 2.7 %

Shares of TEI opened at $5.09 on Thursday. The company has a 50-day moving average of $5.38 and a 200 day moving average of $5.41. Templeton Emerging Markets Income Fund has a 1-year low of $4.78 and a 1-year high of $5.94.

Templeton Emerging Markets Income Fund Company Profile

Templeton Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc It is managed by Franklin Advisers, Inc The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in bonds issued by sovereign or sovereign-related entities and private sector companies.