Templeton Emerging Markets Income Fund
TEIFinancial Services · Stock · monthly payer
Forward Yield
10.20%
Annual Dividend
$0.65
Payout Ratio
37%
5-Yr Growth
0.2%
Ex-Date
Sep 23, 2026
Frequency
Monthly
Summary
As of September 2026, Templeton Emerging Markets Income Fund (TEI) yields 10.20% ($0.65 per share annually), with a blended fair-value estimate of $11.81 — +81% upside, so it screens as undervalued. Dividend safety grade: B (69/100).
Is TEI a good dividend stock?
Yes, with caveatsTempleton Emerging Markets Income Fund (TEI) pays a monthly dividend yielding 10.20% ($0.65/yr), with 0 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (37%)
Risks
- Cut its dividend in 2023
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 10.20%
- Payout Ratio
- 37%
- Annual Dividend
- $0.65
- 5-Yr Avg Growth
- 0.2%
- Ex-Dividend Date
- Sep 23, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.71
- Market Cap
- $293.8M
- P/E Ratio
- 4.0
- 5-Yr Total Return
- -15%
- 52-Week Range
- $5.75 – $7.00
- Dividend Safety
- B · 69/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
TEI Price — Last 12 Months
Daily close
Price Return
1 Year
+1%
3 Years
+44%
5 Years
-15%
52-Week Range
$5.75 – $7.00
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TEI worth?
Undervaluedlow confidenceOur blended fair-value estimate for Templeton Emerging Markets Income Fund is $11.81 per share, versus a market price of $6.52. That implies 81% of upside — a margin of safety of about 45%.
Fair Value
$11.81
Current Price
$6.52
Upside
+81%
Margin of Safety
45%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -4.7% annual free-cash-flow growth. We model 1.5% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.8% discount rate (CAPM), 1.5% stage-1 growth, 2.5% terminal growth, $1.57 EPS, $0.65 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TEI Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full TEI dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 23, 2026 | — | $0.0540 | regular |
| Aug 24, 2026 | — | $0.0540 | regular |
| Jul 24, 2026 | — | $0.0540 | regular |
| Jun 23, 2026 | — | $0.0480 | regular |
| May 21, 2026 | — | $0.0480 | regular |
| Apr 23, 2026 | — | $0.0480 | regular |
| Mar 24, 2026 | — | $0.0480 | regular |
| Feb 20, 2026 | — | $0.0480 | regular |
| Jan 23, 2026 | — | $0.0480 | regular |
| Dec 15, 2025 | — | $0.3530 | regular |
| Nov 17, 2025 | — | $0.0480 | regular |
| Oct 17, 2025 | — | $0.0480 | regular |
| Sep 18, 2025 | — | $0.0480 | regular |
| Aug 18, 2025 | — | $0.0480 | regular |
Income Calculator
At $0.65 / yr per share
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