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

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) announced a dividend on Monday, March 24th, investing.com reports. Stockholders of record on Tuesday, March 25th will be given a dividend of 0.09 per share on Tuesday, April 1st. This represents a dividend yield of 10.92%. The ex-dividend date of this dividend is Monday, March 24th.

Western Asset Emerging Markets Debt Fund Trading Down 0.5 %

Shares of EMD opened at $9.85 on Tuesday. Western Asset Emerging Markets Debt Fund has a 52-week low of $8.89 and a 52-week high of $10.33. The stock has a 50 day simple moving average of $9.84 and a 200 day simple moving average of $9.89.

About Western Asset Emerging Markets Debt Fund

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.