LMP Capital and Income Fund Inc. (NYSE:SCD – Get Free Report) declared a monthly dividend on Tuesday, October 20th. Stockholders of record on Wednesday, December 23rd will be paid a dividend of $0.1325 per share by the real estate investment trust on Thursday, December 31st. This represents a $1.59 dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date is Wednesday, December 23rd. This is a 10.4% increase from LMP Capital and Income Fund’s previous monthly dividend of $0.12.
LMP Capital and Income Fund Trading Up 0.6%
SCD stock opened at $15.08 on Thursday. The company has a fifty day moving average price of $15.23 and a 200 day moving average price of $15.33. LMP Capital and Income Fund has a 12 month low of $13.79 and a 12 month high of $16.18.
About LMP Capital and Income Fund
LMP Capital and Income Fund, Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol SCD. The fund seeks to provide investors with a high level of current income while also pursuing long-term growth of capital.
The fund invests in a diversified portfolio of income-producing securities and other investments. Its holdings may include common and preferred stocks, convertible securities, corporate debt, government obligations and other fixed-income instruments.
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