Templeton Emerging Markets Income Fund (TEI) Receives Daily Media Impact Rating of 0.22
Media coverage about Templeton Emerging Markets Income Fund (NYSE:TEI) has been trending somewhat positive on Monday, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Templeton Emerging Markets Income Fund earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.9166528871936 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Templeton Emerging Markets Income Fund (TEI) traded up $0.06 on Monday, reaching $11.41. 147,500 shares of the company were exchanged, compared to its average volume of 164,454. Templeton Emerging Markets Income Fund has a fifty-two week low of $10.55 and a fifty-two week high of $11.75.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a $0.2953 dividend. This is an increase from Templeton Emerging Markets Income Fund’s previous quarterly dividend of $0.11. This represents a $1.18 annualized dividend and a dividend yield of 10.35%. The ex-dividend date of this dividend is Thursday, December 14th.
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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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