Stone Harbor Emerging Markets Income Fnd (EDF) to Issue $0.18 Monthly Dividend
Stone Harbor Emerging Markets Income Fnd (NYSE:EDF) declared a monthly dividend on Thursday, July 20th, Wall Street Journal reports. Stockholders of record on Monday, August 21st will be paid a dividend of 0.18 per share on Thursday, August 31st. This represents a $2.16 annualized dividend and a dividend yield of 13.27%. The ex-dividend date of this dividend is Thursday, August 17th.
Shares of Stone Harbor Emerging Markets Income Fnd (NYSE:EDF) traded up 0.37% on Thursday, hitting $16.28. The stock had a trading volume of 99,795 shares. Stone Harbor Emerging Markets Income Fnd has a 12-month low of $13.35 and a 12-month high of $17.14. The company has a 50 day moving average of $16.36 and a 200-day moving average of $16.02.
About Stone Harbor Emerging Markets Income Fnd
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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