Templeton Emerging Markets Fund (EMF) to Issue Special Dividend of $0.78 on December 31st

Templeton Emerging Markets Fund (NYSE:EMF) declared a special dividend on Friday, December 5th. Stockholders of record on Monday, December 15th will be paid a dividend of 0.7763 per share by the financial services provider on Wednesday, December 31st. This represents a dividend yield of 498.0%. The ex-dividend date is Monday, December 15th.

Templeton Emerging Markets Fund Price Performance

Shares of Templeton Emerging Markets Fund stock remained flat at $17.56 during trading on Friday. The stock had a trading volume of 36,804 shares, compared to its average volume of 28,744. Templeton Emerging Markets Fund has a 52-week low of $11.14 and a 52-week high of $18.01. The company has a fifty day moving average price of $17.14 and a 200-day moving average price of $15.79.

Templeton Emerging Markets Fund Company Profile

Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of emerging market countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.