Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Declares $0.10 -- Dividend

Key Points

• Western Asset Emerging Markets Debt Fund Inc. declared a dividend of $0.10 per share, with shareholders of record set to receive it on December 1st.
• The dividend represents an impressive yield of 1,120.0%, with the ex-dividend date also falling on November 20th.
• As of the latest trading, EMD stock opened at $10.23, with a fifty-two week range between $8.56 and $10.33.

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Get Free Report) declared a -- dividend on Friday, August 8th, Wall Street Journal reports. Shareholders of record on Thursday, November 20th will be given a dividend of 0.095 per share on Monday, December 1st. This represents a yield of 1,120.0%. The ex-dividend date of this dividend is Thursday, November 20th.

Western Asset Emerging Markets Debt Fund Stock Up 0.1%

EMD stock traded up $0.02 during midday trading on Tuesday, hitting $10.27. The company's stock had a trading volume of 146,140 shares, compared to its average volume of 194,525. The stock's 50-day moving average price is $10.02 and its 200 day moving average price is $9.75. Western Asset Emerging Markets Debt Fund has a 1 year low of $8.56 and a 1 year high of $10.33.

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.