Western Asset Vrble Rate Strtgc Fnd Inc. (NYSE:GFY) announced a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Shareholders of record on Friday, July 19th will be paid a dividend of 0.0775 per share by the financial services provider on Thursday, August 1st. This represents a $0.93 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date of this dividend is Thursday, July 18th.
Western Asset Vrble Rate Strtgc Fnd has increased its dividend payment by an average of 1.5% annually over the last three years.
Shares of GFY opened at $16.59 on Wednesday. The stock has a 50-day moving average of $16.23. Western Asset Vrble Rate Strtgc Fnd has a 52 week low of $14.86 and a 52 week high of $16.67.
Western Asset Variable Rate Strategic Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. The fund invests in the fixed income markets across the globe.
Receive News & Ratings for Western Asset Vrble Rate Strtgc Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Vrble Rate Strtgc Fnd and related companies with MarketBeat.com's FREE daily email newsletter.