Templeton Emerging Markets Income Fund (TEI) To Go Ex-Dividend on December 16th

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

Templeton Emerging Markets Income Fund Stock Performance

Templeton Emerging Markets Income Fund stock traded down $0.02 during trading hours on Friday, hitting $5.32. 142,432 shares of the stock traded hands, compared to its average volume of 123,960. Templeton Emerging Markets Income Fund has a one year low of $5.01 and a one year high of $5.94. The firm’s 50-day moving average price is $5.49 and its two-hundred day moving average price is $5.53.

About Templeton Emerging Markets Income Fund

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.