Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:EMD) declared a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Stockholders of record on Friday, July 19th will be paid a dividend of 0.10 per share on Thursday, August 1st. This represents a $1.20 annualized dividend and a dividend yield of 8.73%. The ex-dividend date is Thursday, July 18th.

Western Asset Emerging Mrkts Dbt Fnd has increased its dividend payment by an average of 11.7% per year over the last three years.

Shares of EMD stock opened at $13.74 on Thursday. Western Asset Emerging Mrkts Dbt Fnd has a 52-week low of $11.82 and a 52-week high of $14.04.

A hedge fund recently raised its stake in Western Asset Emerging Mrkts Dbt Fnd stock. Geode Capital Management LLC lifted its holdings in Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:EMD) by 46.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,163 shares of the company’s stock after purchasing an additional 67,899 shares during the period. Geode Capital Management LLC owned about 0.74% of Western Asset Emerging Mrkts Dbt Fnd worth $2,619,000 as of its most recent filing with the Securities & Exchange Commission.

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About Western Asset Emerging Mrkts Dbt Fnd

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.

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Dividend History for Western Asset Emerging Mrkts Dbt Fnd (NYSE:EMD)

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