First Trust/aberdeen Emerging Oppo Plans Quarterly Dividend of $0.35 (FEO)

First Trust/aberdeen Emerging Oppo (NYSE:FEO) declared a quarterly dividend on Tuesday, March 13th, Wall Street Journal reports. Shareholders of record on Friday, March 23rd will be given a dividend of 0.35 per share on Thursday, March 29th. This represents a $1.40 dividend on an annualized basis and a yield of 8.39%. The ex-dividend date is Thursday, March 22nd.

First Trust/aberdeen Emerging Oppo (NYSE:FEO) traded down $0.01 during trading on Tuesday, reaching $16.69. The company’s stock had a trading volume of 14,196 shares, compared to its average volume of 20,641. First Trust/aberdeen Emerging Oppo has a one year low of $14.96 and a one year high of $17.42.

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About First Trust/aberdeen Emerging Oppo

First Trust/Aberdeen Emerging Opportunity Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return. The Fund pursues its investment objective by investing at least 80% of its managed assets in a diversified portfolio of equity and fixed-income securities of issuers in emerging market countries.

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