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

Templeton Emerging Markets Income Fund, Inc. (NYSE:TEI) announced a monthly dividend on Friday, November 1st, Zacks reports. Investors of record on Friday, November 15th will be given a dividend of 0.054 per share on Friday, November 29th. This represents a $0.65 dividend on an annualized basis and a yield of 7.13%. The ex-dividend date of this dividend is Thursday, November 14th. This is an increase from Templeton Emerging Markets Income Fund’s previous monthly dividend of $0.04.

NYSE TEI traded down $0.05 on Tuesday, reaching $9.09. The company’s stock had a trading volume of 113,460 shares, compared to its average volume of 139,901. The business has a 50-day moving average price of $9.05 and a 200 day moving average price of $9.70. Templeton Emerging Markets Income Fund has a 52 week low of $8.95 and a 52 week high of $10.58.

Templeton Emerging Markets Income Fund Company Profile

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.

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Dividend History for Templeton Emerging Markets Income Fund (NYSE:TEI)

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