Western Asset Vrble Rate Strtgc Fnd Inc. (NYSE:GFY) Director Daniel P. Cronin sold 1,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $16.48, for a total value of $16,480.00.
GFY stock traded down $0.02 during mid-day trading on Thursday, hitting $16.48. The stock had a trading volume of 800 shares, compared to its average volume of 9,492. Western Asset Vrble Rate Strtgc Fnd Inc. has a 1-year low of $14.86 and a 1-year high of $16.63. The company has a fifty day moving average of $16.42 and a 200 day moving average of $16.30.
The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 20th will be paid a dividend of $0.078 per share. The ex-dividend date is Thursday, December 19th. This is an increase from Western Asset Vrble Rate Strtgc Fnd’s previous monthly dividend of $0.08. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.68%.
Western Asset Vrble Rate Strtgc Fnd Company Profile
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.
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