Stocks

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Announces Dividend Increase

Published March 23, 2025

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) has declared an increase in its dividend, as announced on February 19th. The company will be distributing a dividend of $0.09 per share. Shareholders who are on record as of March 24th will receive this dividend payment on April 1st. The important date to note for those looking to qualify for the dividend is the ex-dividend date, which is also set for March 24th.

This latest dividend represents a 2.9% increase compared to the previous dividend of $0.09, reflecting the company’s commitment to returning value to its shareholders.

Western Asset Emerging Markets Debt Fund Stock Performance

On the most recent trading day, shares of EMD opened at $9.89. Over the past weeks, the stock has seen a 50-day moving average price of $9.84 and a 200-day moving average price standing at $9.89. The fund has a 12-month low of $8.89, while its highest value over the same period reached $10.33. These metrics give investors a sense of the stock's performance trends in the market.

About Western Asset Emerging Markets Debt Fund

Western Asset Emerging Markets Debt Fund Inc. is an open-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company and its subsidiaries, providing expertise in targeting fixed income markets within emerging market countries globally.

Additional Insights

Investors interested in the fund might want to consider the overall market conditions and performance evaluations from analysts. Currently, Western Asset Emerging Markets Debt Fund holds a Hold rating among market watchers. There may be alternative stocks recommended by analysts that could offer potentially greater returns for investors.

This announcement was generated using automated technology and has been reviewed for accuracy. For any inquiries or feedback regarding this report, feel free to reach out.

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