Templeton Emerging Markets Income Fund (“TEI” or the “Fund”) Announces Distribution
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Templeton Emerging Markets Income Fund (TEI) announced a monthly distribution of $0.0475 per share, payable on December 31, 2024, to shareholders of record on December 16, 2024. The distribution is part of a managed distribution plan authorized by the Fund's Board of Trustees.
December 06, 2024 | 4:30 pm
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POSITIVE IMPACT
Templeton Emerging Markets Income Fund announced a monthly distribution of $0.0475 per share, payable on December 31, 2024. This is part of a managed distribution plan.
The announcement of a monthly distribution is likely to have a positive short-term impact on TEI's stock price as it provides income to shareholders, making the fund more attractive to income-focused investors.
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