Templeton Emerging Markets Income Fund (TEI) To Go Ex-Dividend on January 21st

Templeton Emerging Markets Income Fund (NYSE:TEI) announced a monthly dividend on Wednesday, January 8th,Wall Street Journal reports. Investors of record on Tuesday, January 21st will be given a dividend of 0.0475 per share on Friday, January 31st. This represents a $0.57 annualized dividend and a yield of 10.90%. The ex-dividend date of this dividend is Tuesday, January 21st.

Templeton Emerging Markets Income Fund Stock Down 0.4 %

NYSE:TEI opened at $5.23 on Friday. The stock’s 50-day simple moving average is $5.27 and its 200 day simple moving average is $5.50. Templeton Emerging Markets Income Fund has a twelve month low of $5.01 and a twelve month 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.