Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Increases Dividend to $0.10 Per Share

Posted by Brian Himes on May 18th, 2025

Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Get Free Report) announced a monthly dividend on Friday, May 16th, Wall Street Journal reports. Shareholders of record on Friday, August 22nd will be given a dividend of 0.095 per share on Tuesday, September 2nd. This represents a $1.14 dividend on an annualized basis and a yield of 11.78%. The ex-dividend date is Friday, August 22nd. This is a 5.6% increase from Western Asset Emerging Markets Debt Fund’s previous monthly dividend of $0.09.

Western Asset Emerging Markets Debt Fund Stock Up 0.3%

NYSE:EMD opened at $9.68 on Friday. Western Asset Emerging Markets Debt Fund has a 12 month low of $8.56 and a 12 month high of $10.33. The company has a 50 day simple moving average of $9.43 and a two-hundred day simple moving average of $9.70.

Institutional Investors Weigh In On Western Asset Emerging Markets Debt Fund

A hedge fund recently raised its stake in Western Asset Emerging Markets Debt Fund stock. NewEdge Advisors LLC grew its holdings in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Free Report) by 1.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 92,651 shares of the company’s stock after acquiring an additional 1,464 shares during the period. NewEdge Advisors LLC owned about 0.32% of Western Asset Emerging Markets Debt Fund worth $916,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 33.05% of the stock is currently owned by hedge funds and other institutional investors.

About Western Asset Emerging Markets Debt Fund

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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.