LMP Capital and Income Fund Inc. (NYSE:SCD – Get Free Report) declared a monthly dividend on Tuesday, October 20th. Shareholders of record on Wednesday, February 17th will be given a dividend of $0.1325 per share by the real estate investment trust on Friday, February 26th. This represents a $1.59 annualized dividend and a yield of 10.5%. The ex-dividend date is Wednesday, February 17th.
LMP Capital and Income Fund Stock Performance
Shares of SCD opened at $15.08 on Thursday. LMP Capital and Income Fund has a 12 month low of $13.79 and a 12 month high of $16.18. The stock’s 50-day moving average is $15.23 and its two-hundred day moving average is $15.33.
Institutional Investors Weigh In On LMP Capital and Income Fund
Hedge funds have recently modified their holdings of the stock. First National Trust Co acquired a new position in LMP Capital and Income Fund during the 2nd quarter worth approximately $181,000. World Investment Advisors purchased a new position in LMP Capital and Income Fund in the 4th quarter worth approximately $201,000. Fifth Third Bancorp purchased a new position in LMP Capital and Income Fund in the 1st quarter worth approximately $276,000. NWF Advisory Services Inc. boosted its holdings in LMP Capital and Income Fund by 6.6% in the 1st quarter. NWF Advisory Services Inc. now owns 25,888 shares of the real estate investment trust’s stock worth $387,000 after acquiring an additional 1,600 shares during the period. Finally, Bank of America Corp DE grew its position in LMP Capital and Income Fund by 2.6% in the first quarter. Bank of America Corp DE now owns 26,024 shares of the real estate investment trust’s stock valued at $389,000 after acquiring an additional 661 shares in the last quarter.
About LMP Capital and Income Fund
LMP Capital and Income Fund, Inc is a closed-end investment company listed on the New York Stock Exchange under the symbol SCD. The fund seeks to provide investors with a high level of current income while also pursuing long-term growth of capital.
The fund invests in a diversified portfolio of income-producing securities and other investments. Its holdings may include common and preferred stocks, convertible securities, corporate debt, government obligations and other fixed-income instruments.
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