Templeton Emerging Markets Income Fund (TEI) To Go Ex-Dividend on April 23rd

Templeton Emerging Markets Income Fund (NYSE:TEI) announced a monthly dividend on Monday, April 13th. Stockholders of record on Thursday, April 23rd will be paid a dividend of 0.0475 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date of this dividend is Thursday, April 23rd.

Templeton Emerging Markets Income Fund Stock Up 0.1%

Shares of NYSE TEI opened at $6.68 on Tuesday. The firm’s 50-day moving average price is $6.49 and its 200-day moving average price is $6.47. Templeton Emerging Markets Income Fund has a 52-week low of $5.08 and a 52-week high of $7.00.

Institutional Trading of Templeton Emerging Markets Income Fund

A number of institutional investors have recently made changes to their positions in the stock. Rockefeller Capital Management L.P. boosted its holdings in shares of Templeton Emerging Markets Income Fund by 2,590.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 37,129 shares of the company’s stock valued at $239,000 after acquiring an additional 35,749 shares during the last quarter. Compound Planning Inc. purchased a new position in shares of Templeton Emerging Markets Income Fund in the fourth quarter worth approximately $662,000. Invesco Ltd. boosted its holdings in shares of Templeton Emerging Markets Income Fund by 2.7% in the fourth quarter. Invesco Ltd. now owns 857,285 shares of the company’s stock worth $5,529,000 after buying an additional 22,625 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in shares of Templeton Emerging Markets Income Fund by 20.7% in the fourth quarter. Guggenheim Capital LLC now owns 213,160 shares of the company’s stock worth $1,375,000 after buying an additional 36,490 shares during the last quarter. Finally, Cetera Investment Advisers boosted its holdings in shares of Templeton Emerging Markets Income Fund by 15.5% in the fourth quarter. Cetera Investment Advisers now owns 236,358 shares of the company’s stock worth $1,525,000 after buying an additional 31,634 shares during the last quarter.

About Templeton Emerging Markets Income Fund

Templeton Emerging Markets Income Fund (NYSE: TEI) is a closed-end management investment company that seeks to provide high current income, with a secondary objective of capital appreciation. Launched in 2006, the fund is managed by Franklin Templeton Investment Management Limited, drawing on the firm’s extensive experience in emerging market debt and equity markets. It is listed on the New York Stock Exchange and conducts its investment operations in U.S. dollars.

The fund’s portfolio is diversified across a broad spectrum of emerging market securities, including sovereign and corporate debt instruments, dividend-paying equities, convertible securities and preferred stocks.