Templeton Emerging Markets Income Fund Announces Monthly Dividend of $0.05 (NYSE:TEI)

Posted by Renee Jackson on Dec 14th, 2024

Templeton Emerging Markets Income Fund (NYSE:TEI – Get Free Report) declared a monthly dividend on Friday, December 6th,Wall Street Journal reports. Stockholders of record on Monday, December 16th will be paid a dividend of 0.0475 per share on Tuesday, December 31st. This represents a $0.57 dividend on an annualized basis and a dividend yield of 10.71%. The ex-dividend date of this dividend is Monday, December 16th.

Templeton Emerging Markets Income Fund Trading Down 0.4 %

NYSE:TEI opened at $5.32 on Friday. The business’s 50-day moving average is $5.49 and its 200 day moving average is $5.53. Templeton Emerging Markets Income Fund has a 12 month low of $5.01 and a 12 month high of $5.94.

Templeton Emerging Markets Income Fund Company Profile

(Get Free Report)

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.