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

LMP Capital and Income Fund Inc. (NYSE:SCD) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be paid a dividend of 0.12 per share by the real estate investment trust on Monday, June 2nd. This represents a $1.44 annualized dividend and a dividend yield of 8.29%. The ex-dividend date is Thursday, May 22nd. This is a positive change from LMP Capital and Income Fund’s previous monthly dividend of $0.11.

LMP Capital and Income Fund Stock Up 0.5 %

SCD stock traded up $0.09 on Thursday, hitting $17.38. 35,957 shares of the company’s stock traded hands, compared to its average volume of 34,935. LMP Capital and Income Fund has a 1-year low of $13.87 and a 1-year high of $17.96. The stock has a fifty day moving average of $17.12 and a 200-day moving average of $17.00.

LMP Capital and Income Fund Company Profile

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.