Templeton Emerging Markets (NYSE:EMF) Plans Annual Dividend of $0.76

Templeton Emerging Markets (NYSE:EMF) announced an annual dividend on Wednesday, December 4th, Wall Street Journal reports. Investors of record on Monday, December 16th will be paid a dividend of 0.7556 per share by the financial services provider on Tuesday, December 31st. This represents a yield of 1.3%. The ex-dividend date is Friday, December 13th. This is a boost from Templeton Emerging Markets’s previous annual dividend of $0.25.

Shares of NYSE:EMF traded up $0.08 during midday trading on Wednesday, hitting $15.47. The company had a trading volume of 103 shares, compared to its average volume of 28,499. Templeton Emerging Markets has a 12-month low of $12.60 and a 12-month high of $15.72. The company has a fifty day moving average of $15.28 and a two-hundred day moving average of $14.83.

About Templeton Emerging Markets

Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of emerging market countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.

Read More: Do stock splits help investors?

Receive News & Ratings for Templeton Emerging Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Templeton Emerging Markets and related companies with MarketBeat.com's FREE daily email newsletter.