Templeton Emerging Markets Fund (NYSE:EMF) Plans Special Dividend of $0.78

Templeton Emerging Markets Fund (NYSE:EMF) announced a special dividend on Friday, December 5th. Stockholders of record on Monday, December 15th will be given 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 Stock Performance

EMF remained flat at $17.56 on Friday. 36,804 shares of the company traded hands, compared to its average volume of 28,744. The stock’s 50 day simple moving average is $17.14 and its 200 day simple moving average is $15.79. Templeton Emerging Markets Fund has a 52 week low of $11.14 and a 52 week high of $18.01.

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.