Templeton Emerging Markets Share News (TEM)

Templeton Emerging Markets Information

Share Price Information for Templeton Emerging Markets (TEM)

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313.50 -9.00 (-2.79%)

Bid:

313.00

Ask:

314.00

Spread: 1.00 (0.319%)

Market Cap: £2.91b

Last checked at -

Intraday Templeton Emerging Markets Share Chart

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CORRECT (Nov 25): Templeton Emerging Markets Outperforms Benchmark

Wed, 02nd Dec 2020 10:46

(Correcting that Templeton Emerging Markets Investment Trust PLC is based in Scotland.)

Templeton Emerging Markets Investment Trust PLC - Scotland-based emerging markets investor - Outperforms benchmark with net asset value total return cum-income for six months ended September 30 of 31.2% compared to MSCI Emerging Markets Index total return of 24.4%. NAV per share as at September 30 946.5p, up from 884.1p the year before and from 732.3p on March 31. Will pay interim dividend of 5.00p per share and special dividend of 10.00p per share. Chair Paul Manduca says: "Our investment manager's projection of revenues indicates that companies in our investment universe are, in general, reducing dividend payments. This clearly indicates a degree of natural caution on the level of profits, at least in the short term."

By Greg Roxburgh; gregroxburgh@alliancenews.com and Anna Farley; annafarley@alliancenews.com