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

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) announced a dividend on Wednesday, January 22nd,investing.com reports. Investors of record on Monday, January 27th will be given a dividend of 0.0875 per share on Monday, February 3rd. This represents a dividend yield of 10.67%. The ex-dividend date is Friday, January 24th.

Western Asset Emerging Markets Debt Fund Stock Performance

NYSE EMD traded up $0.03 during trading on Wednesday, hitting $9.83. 128,658 shares of the stock traded hands, compared to its average volume of 179,704. Western Asset Emerging Markets Debt Fund has a 12-month low of $8.89 and a 12-month high of $10.33. The firm has a 50-day simple moving average of $9.83 and a 200-day simple moving average of $9.86.

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.