Western Asset Emerging Markets Debt Fund logo

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) to Issue Monthly Dividend of $0.08


Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMDGet Rating) declared a monthly dividend on Friday, August 5th, Wall Street Journal reports. Stockholders of record on Tuesday, November 22nd will be given a dividend of 0.08 per share on Thursday, December 1st. This represents a $0.96 annualized dividend and a dividend yield of 10.17%. The ex-dividend date of this dividend is Monday, November 21st.

Western Asset Emerging Markets Debt Fund Stock Up 0.1 %

Shares of NYSE EMD traded up $0.01 during trading on Friday, hitting $9.44. The company had a trading volume of 12,069 shares, compared to its average volume of 329,482. The stock has a 50 day simple moving average of $9.04 and a 200 day simple moving average of $10.01. Western Asset Emerging Markets Debt Fund has a 12 month low of $8.42 and a 12 month high of $14.17.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Penserra Capital Management LLC lifted its holdings in Western Asset Emerging Markets Debt Fund by 15.4% in the 1st quarter. Penserra Capital Management LLC now owns 919,896 shares of the company’s stock worth $9,870,000 after purchasing an additional 122,542 shares in the last quarter. Quantedge Capital Pte Ltd purchased a new position in Western Asset Emerging Markets Debt Fund in the 1st quarter worth approximately $1,106,000. UBS Group AG lifted its holdings in Western Asset Emerging Markets Debt Fund by 12.7% in the 1st quarter. UBS Group AG now owns 825,502 shares of the company’s stock worth $8,858,000 after purchasing an additional 92,757 shares in the last quarter. Raymond James & Associates lifted its holdings in Western Asset Emerging Markets Debt Fund by 33.7% in the 1st quarter. Raymond James & Associates now owns 205,942 shares of the company’s stock worth $2,210,000 after purchasing an additional 51,892 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in Western Asset Emerging Markets Debt Fund by 11.5% in the 1st quarter. Bank of America Corp DE now owns 436,035 shares of the company’s stock worth $4,679,000 after purchasing an additional 45,029 shares in the last quarter.

Also Read:  1 killed, 2 injured in rollover crash at China Township intersection - WDIV ClickOnDetroit

Western Asset Emerging Markets Debt Fund Company Profile

(Get Rating)

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.

Also Read:  Sepsis - making a clinical negligence claim

Featured Articles

Dividend History for Western Asset Emerging Markets Debt Fund (NYSE:EMD)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Western Asset Emerging Markets Debt Fund, you’ll want to hear this.

Also Read:  Goosehead Insurance, Inc (NASDAQ:GSHD) Major Shareholder Mark E. Jr. Jones Sells 811 Shares

MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Western Asset Emerging Markets Debt Fund wasn’t on the list.

While Western Asset Emerging Markets Debt Fund currently has a “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here



Source link