Templeton Emerging Markets Fund to Issue Quarterly Dividend of $0.22 (NYSE:EMF)

Templeton Emerging Markets Fund (NYSE:EMF) declared a quarterly dividend on Thursday, March 12th. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.22 per share by the financial services provider on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Tuesday, March 24th.

Templeton Emerging Markets Fund Stock Performance

NYSE:EMF traded up $0.16 during mid-day trading on Friday, hitting $18.34. 25,103 shares of the stock were exchanged, compared to its average volume of 84,088. The firm’s 50-day simple moving average is $19.39 and its 200 day simple moving average is $17.64. Templeton Emerging Markets Fund has a fifty-two week low of $11.14 and a fifty-two week high of $21.20.

Templeton Emerging Markets Fund Company Profile

Templeton Emerging Markets Fund (NYSE:EMF) is a closed-end management investment company that seeks long-term capital appreciation and income by investing primarily in equity securities of companies located in emerging market countries. Managed by Franklin Templeton Investment Management, the fund employs a bottom-up, fundamental research approach to identify undervalued opportunities across local stock exchanges. Its emerging markets mandate spans a diverse range of industries, enabling investors to participate in the growth potential of developing economies.

The fund’s portfolio typically includes common stocks of issuers based in regions such as Asia, Latin America, Eastern Europe, the Middle East and Africa.