LMP Capital and Income Fund Inc. (NYSE:SCD) Raises Dividend to $0.12 Per Share

LMP Capital and Income Fund Inc. (NYSE:SCD) declared a monthly dividend on Thursday, February 20th, Wall Street Journal reports. Investors of record on Thursday, May 22nd will be given a dividend of 0.12 per share by the real estate investment trust on Monday, June 2nd. This represents a $1.44 dividend on an annualized basis and a yield of 8.29%. The ex-dividend date of this dividend 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 Performance

Shares of SCD stock traded up $0.09 during trading on Thursday, hitting $17.38. 35,957 shares of the company were exchanged, compared to its average volume of 34,935. The business’s 50-day simple moving average is $17.12 and its 200 day simple moving average is $17.00. LMP Capital and Income Fund has a twelve month low of $13.87 and a twelve month high of $17.96.

About LMP Capital and Income Fund

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.