LMP Capital and Income Fund Inc. (NYSE:SCD) to Issue $0.31 Quarterly Dividend
LMP Capital and Income Fund Inc. (NYSE:SCD) declared a quarterly dividend on Tuesday, August 20th, Zacks reports. Investors of record on Friday, September 20th will be paid a dividend of 0.31 per share by the real estate investment trust on Tuesday, October 1st. This represents a $1.24 dividend on an annualized basis and a yield of 9.01%. The ex-dividend date is Thursday, September 19th.
LMP Capital and Income Fund has raised its dividend by an average of 2.5% annually over the last three years.
NYSE SCD traded up $0.05 during trading on Wednesday, reaching $13.76. 865 shares of the stock traded hands, compared to its average volume of 56,181. The stock’s 50-day moving average price is $13.68 and its 200 day moving average price is $13.19. LMP Capital and Income Fund has a fifty-two week low of $9.83 and a fifty-two week high of $14.27.
LMP Capital and Income Fund Inc is a closed ended balanced mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Investments, LLC, Western Asset Management Company Limited, and Western Asset Management Company. The fund invests in public equity and fixed income markets across the globe.
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