Templeton Emerging Markets (NYSE:EMF) announced an annual dividend on Monday, December 4th, Wall Street Journal reports. Shareholders of record on Friday, December 15th will be paid a dividend of 0.2491 per share by the financial services provider on Friday, December 29th. This represents a yield of 1.46%. The ex-dividend date of this dividend is Thursday, December 14th. This is an increase from Templeton Emerging Markets’s previous annual dividend of $0.20.

Templeton Emerging Markets has decreased its dividend by an average of 51.2% annually over the last three years.

Shares of Templeton Emerging Markets (NYSE:EMF) traded up $0.11 during trading hours on Monday, reaching $17.06. The company’s stock had a trading volume of 80,018 shares, compared to its average volume of 54,155. Templeton Emerging Markets has a 12 month low of $11.60 and a 12 month high of $17.76.

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Templeton Emerging Markets Company Profile

Templeton Emerging Markets Fund is a closed-end management investment company. The Fund seeks long-term capital appreciation by investing, under normal market conditions, at least over 80% of its net assets in emerging country equity securities or those companies, which derive a proportion of their revenues from emerging economies.

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