Templeton Emerging Markets Income Fund (NYSE:TEI – Get Free Report)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.72 and traded as low as $5.60. Templeton Emerging Markets Income Fund shares last traded at $5.60, with a volume of 104,768 shares traded.
Templeton Emerging Markets Income Fund Trading Down 0.9 %
The company has a 50-day moving average price of $5.73 and a 200-day moving average price of $5.51.
Templeton Emerging Markets Income Fund Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 17th will be given a $0.0475 dividend. The ex-dividend date is Thursday, October 17th. This represents a $0.57 annualized dividend and a dividend yield of 10.18%.
Hedge Funds Weigh In On Templeton Emerging Markets Income Fund
About Templeton Emerging Markets Income Fund
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.
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