LMP Capital and Income Fund Inc. Announces Monthly Dividend of $0.12 (NYSE:SCD)

by · The Cerbat Gem

LMP Capital and Income Fund Inc. (NYSE:SCD – Get Free Report) announced a monthly dividend on Thursday, May 14th. Shareholders of record on Monday, August 24th will be given a dividend of 0.12 per share by the real estate investment trust on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date is Monday, August 24th.

LMP Capital and Income Fund Stock Performance

SCD stock traded up $0.18 during midday trading on Thursday, reaching $15.42. The company’s stock had a trading volume of 33,334 shares, compared to its average volume of 73,849. The stock has a fifty day simple moving average of $15.17 and a two-hundred day simple moving average of $15.14. LMP Capital and Income Fund has a 1 year low of $13.79 and a 1 year high of $16.89.

LMP Capital and Income Fund Company Profile

(Get Free Report)

LMP Capital & Income Fund (NYSE:SCD) is a diversified, closed-end management investment company organized as a Maryland corporation. The fund’s primary objective is to deliver total return through current income and capital appreciation. It is listed on the New York Stock Exchange and serves a broad base of retail and institutional investors seeking exposure to a mix of equity and income-producing assets.

The fund pursues its objective by investing predominantly in common stocks, debt securities and convertible instruments issued by U.S.

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