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

LMP Capital and Income Fund Inc. (NYSE:SCD) announced a monthly dividend on Monday, February 23rd. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.12 per share by the real estate investment trust on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date of this dividend is Tuesday, March 24th.

LMP Capital and Income Fund Stock Performance

Shares of LMP Capital and Income Fund stock traded down $0.21 during trading hours on Monday, reaching $15.62. The stock had a trading volume of 40,158 shares, compared to its average volume of 90,125. LMP Capital and Income Fund has a 1 year low of $13.35 and a 1 year high of $17.30. The firm has a 50 day simple moving average of $15.33 and a two-hundred day simple moving average of $15.22.

LMP Capital and Income Fund Company Profile

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.