Western Asset Emerging Markets Debt Fund Inc. Declares Monthly Dividend of $0.09 (NYSE:EMD)

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a monthly dividend on Friday, February 21st, Wall Street Journal reports. Investors of record on Thursday, May 22nd will be paid a dividend of 0.09 per share on Monday, June 2nd. This represents a $1.08 annualized dividend and a dividend yield of 10.92%. The ex-dividend date is Thursday, May 22nd.

Western Asset Emerging Markets Debt Fund Price Performance

NYSE:EMD opened at $9.89 on Friday. Western Asset Emerging Markets Debt Fund has a twelve month low of $8.89 and a twelve month high of $10.33. The company’s 50 day moving average is $9.82 and its two-hundred day moving average is $9.89.

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.