Virtus Stone Harbor Emerging Markets Income Fund Plans Monthly Dividend of $0.06 (NYSE:EDF)

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) declared a monthly dividend on Thursday, November 21st,Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.06 per share on Friday, March 28th. This represents a $0.72 annualized dividend and a dividend yield of 14.55%. The ex-dividend date is Thursday, March 13th.

Virtus Stone Harbor Emerging Markets Income Fund has raised its dividend payment by an average of 57.7% annually over the last three years.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

Shares of NYSE:EDF traded down $0.02 during midday trading on Thursday, hitting $4.95. The company’s stock had a trading volume of 84,106 shares, compared to its average volume of 113,999. The business’s 50 day simple moving average is $5.10 and its 200 day simple moving average is $5.26. Virtus Stone Harbor Emerging Markets Income Fund has a 12-month low of $4.15 and a 12-month high of $5.75.

About Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.