Templeton Emerging Markets Income Fund (TEI) To Go Ex-Dividend on March 17th

Templeton Emerging Markets Income Fund (NYSE:TEI) declared a monthly dividend on Friday, March 7th, Wall Street Journal reports. Investors of record on Monday, March 17th will be given a dividend of 0.0475 per share on Monday, March 31st. This represents a $0.57 annualized dividend and a yield of 10.37%. The ex-dividend date of this dividend is Monday, March 17th.

Templeton Emerging Markets Income Fund Stock Performance

TEI opened at $5.50 on Friday. The firm has a 50-day moving average of $5.36 and a 200 day moving average of $5.47. Templeton Emerging Markets Income Fund has a fifty-two week low of $5.04 and a fifty-two week high of $5.94.

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.