Stone Harbor Emerging Markets Income Fnd to Issue Monthly Dividend of $0.18 (EDF)
Stone Harbor Emerging Markets Income Fnd (NYSE:EDF) declared a monthly dividend on Thursday, October 19th, Wall Street Journal reports. Stockholders of record on Friday, November 17th will be paid a dividend of 0.18 per share on Thursday, November 30th. This represents a $2.16 annualized dividend and a dividend yield of 12.90%. The ex-dividend date of this dividend is Thursday, November 16th.
Shares of Stone Harbor Emerging Markets Income Fnd (NYSE:EDF) traded down 0.42% on Thursday, hitting $16.74. 66,812 shares of the stock traded hands. The stock has a 50-day moving average price of $16.97 and a 200 day moving average price of $16.56. Stone Harbor Emerging Markets Income Fnd has a 12-month low of $13.35 and a 12-month high of $17.31.
Stone Harbor Emerging Markets Income Fnd Company Profile
Stone Harbor Emerging Markets Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to maximize total return, which consists of income on its investments and capital appreciation. The Fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in emerging markets securities, including fixed income securities and other instruments (including derivatives) that are economically tied to emerging market countries.
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