Templeton Emerging Markets Income Fund (“TEI”) Announces Distribution

Rhea-AI Summary

Templeton Emerging Markets Income Fund (NYSE: TEI) has declared a monthly distribution of $0.0466 per share, to be paid on January 29, 2021. Shareholders of record as of January 15, 2021 will be eligible, with the ex-dividend date set for January 14, 2021. This distribution reflects the fund's ongoing commitment to returning value to its shareholders from net investment income.

Positive

• Monthly distribution of $0.0466 per share indicates a consistent income stream for shareholders.

Negative

• None.

Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0466 per share, payable on January 29, 2021, to shareholders of record on January 15, 2021 (Ex-Dividend Date: January 14, 2021).

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 70 years of investment experience and approximately $1.5 trillion in assets under management as of November 30, 2020. For more information, please visit franklintempleton.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210104005593/en/

FAQ

What is the dividend distribution for Templeton Emerging Markets Income Fund (TEI) in January 2021?

The Templeton Emerging Markets Income Fund (TEI) announced a dividend distribution of $0.0466 per share, payable on January 29, 2021.

What is the record date for the January 2021 dividend for TEI?

The record date for the January 2021 dividend for Templeton Emerging Markets Income Fund (TEI) is January 15, 2021.

When is the ex-dividend date for TEI's January 2021 distribution?

The ex-dividend date for Templeton Emerging Markets Income Fund (TEI) is January 14, 2021.

Who manages the Templeton Emerging Markets Income Fund (TEI)?

The Templeton Emerging Markets Income Fund (TEI) is managed by Franklin Resources, Inc. (NYSE: BEN).

What is the significance of the monthly distribution for TEI investors?

The monthly distribution signifies a consistent return of net investment income to shareholders, enhancing the investment appeal of TEI.