Fidelity Emerging Markets (LON:FEML) to Issue Dividend of $0.20

Fidelity Emerging Markets (LON:FEML) announced a dividend on Wednesday, October 9th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 14th will be paid a dividend of $0.20 per share on Friday, December 13th. This represents a yield of 2.24%. The ex-dividend date of this dividend is Thursday, November 14th. This is a positive change from Fidelity Emerging Markets’s previous dividend of $0.19. The official announcement can be accessed at this link.

Fidelity Emerging Markets Price Performance

Shares of FEML opened at GBX 686.90 ($8.84) on Tuesday. The business’s 50-day moving average is GBX 682.64 and its 200-day moving average is GBX 690.88. The company has a market capitalization of £625.77 million, a price-to-earnings ratio of 5,306.92 and a beta of 0.64. Fidelity Emerging Markets has a fifty-two week low of GBX 585 ($7.53) and a fifty-two week high of GBX 740.30 ($9.53).

Insider Buying and Selling at Fidelity Emerging Markets

In related news, insider Mark Little purchased 2,850 shares of the stock in a transaction dated Monday, October 14th. The shares were acquired at an average cost of GBX 701 ($9.02) per share, for a total transaction of £19,978.50 ($25,709.05). Company insiders own 0.08% of the company’s stock.

About Fidelity Emerging Markets

Fidelity Emerging Markets Limited is a closed ended equity mutual fund launched by Genesis Asset Managers, LLP. The fund is managed by Genesis Investment Management, LLP. It invests in the public equity markets of emerging countries across the globe. The fund invests in stocks of companies operating across diversified sectors.