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

LMP Capital and Income Fund Inc. (NYSE:SCD) announced a monthly dividend on Wednesday, August 5th. Shareholders of record on Wednesday, September 23rd will be paid a dividend of 0.12 per share by the real estate investment trust on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date is Wednesday, September 23rd.

LMP Capital and Income Fund Price Performance

Shares of SCD traded down $0.00 during midday trading on Thursday, reaching $15.66. 27,921 shares of the stock were exchanged, compared to its average volume of 73,308. LMP Capital and Income Fund has a 52 week low of $13.79 and a 52 week high of $16.18. The company’s 50 day moving average is $15.50 and its two-hundred day moving average is $15.42.

Institutional Investors Weigh In On LMP Capital and Income Fund

Large investors have recently modified their holdings of the business. MGO One Seven LLC bought a new position in shares of LMP Capital and Income Fund during the second quarter valued at approximately $413,000. Calamos Advisors LLC lifted its holdings in LMP Capital and Income Fund by 7.1% during the second quarter. Calamos Advisors LLC now owns 44,362 shares of the real estate investment trust’s stock worth $694,000 after buying an additional 2,958 shares during the period. First National Trust Co purchased a new stake in LMP Capital and Income Fund during the second quarter worth $181,000. Z3 Capital Partners LLC lifted its holdings in LMP Capital and Income Fund by 1.3% during the second quarter. Z3 Capital Partners LLC now owns 425,705 shares of the real estate investment trust’s stock worth $6,662,000 after buying an additional 5,366 shares during the period. Finally, NewEdge Advisors LLC boosted its position in LMP Capital and Income Fund by 9.9% during the 1st quarter. NewEdge Advisors LLC now owns 46,179 shares of the real estate investment trust’s stock valued at $689,000 after acquiring an additional 4,172 shares in the last quarter.

About LMP Capital and Income Fund

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.