Ex-Dividend Date Insight: Western Asset Emg Markets

On May 18, 2021, Western Asset Emg Markets EMD announced shareholders can expect to receive a dividend payable on July 1, 2021. The stock will then go ex-dividend 1 business day(s) before the record date. The ex-dividend date for Western Asset Emg Markets will be on June 22, 2021. The company's current dividend payout is at $0.09. That equates to a dividend yield of 7.96% at current price levels.

The Significance Of An Ex-Dividend Date

Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Typically, companies will announce and implement new dividend yields on a quarterly basis.

Western Asset Emg Markets's Dividend History

Over the past year, Western Asset Emg Markets has experienced no change regarding its dividend payouts and an overall upward trend regarding its yields. Last year on May 20, 2021 the company's payout was $0.09, which has returned to its value today. Western Asset Emg Markets's dividend yield last year was 7.81%, which has since grown by 0.15%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

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