Western Asset Emerging Markets Debt Fund Inc. Announces — Dividend of $0.09 (NYSE:EMD)

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) declared a — dividend on Wednesday, November 20th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.0875 per share on Monday, March 3rd. This represents a yield of 10.7%. The ex-dividend date of this dividend is Friday, February 21st.

Western Asset Emerging Markets Debt Fund Trading Up 0.4 %

Shares of EMD traded up $0.04 during mid-day trading on Wednesday, reaching $9.84. The company had a trading volume of 242,955 shares, compared to its average volume of 204,656. Western Asset Emerging Markets Debt Fund has a twelve month low of $8.46 and a twelve month high of $10.33. The company’s 50-day moving average is $9.97 and its 200-day moving average is $9.71.

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. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe.