Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Announces Monthly Dividend of $0.06

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) declared a monthly dividend on Friday, March 7th, Wall Street Journal reports. Shareholders of record on Thursday, June 12th will be given a dividend of 0.06 per share on Friday, June 27th. This represents a $0.72 annualized dividend and a yield of 14.05%. The ex-dividend date of this dividend is Thursday, June 12th.

Virtus Stone Harbor Emerging Markets Income Fund has raised its dividend payment by an average of 11.0% annually over the last three years.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

EDF stock opened at $5.12 on Friday. The stock’s fifty day simple moving average is $5.06 and its two-hundred day simple moving average is $5.07. Virtus Stone Harbor Emerging Markets Income Fund has a 1-year low of $4.58 and a 1-year high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.