Media coverage about Templeton Emerging Markets Income Fund (NYSE:TEI) has been trending somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Templeton Emerging Markets Income Fund earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned news stories about the company an impact score of 47.270300020126 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Templeton Emerging Markets Income Fund (NYSE TEI) traded down 0.385% during trading on Monday, reaching $11.635. 118,371 shares of the company’s stock were exchanged. The stock has a 50-day moving average price of $11.54 and a 200 day moving average price of $11.40. The company’s market capitalization is $558.46 million. Templeton Emerging Markets Income Fund has a 12-month low of $9.95 and a 12-month high of $11.75.
The business also recently declared a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Thursday, September 28th were given a $0.1119 dividend. The ex-dividend date of this dividend was Wednesday, September 27th. This represents a $0.45 dividend on an annualized basis and a yield of 3.85%. This is a positive change from Templeton Emerging Markets Income Fund’s previous quarterly dividend of $0.11.
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Templeton Emerging Markets Income Fund Company Profile
Templeton Emerging Markets Income Fund (the Fund) is a non-diversified, closed-ended management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries.
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