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 dividend on Monday, March 24th, investing.com reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.12 per share by the real estate investment trust on Tuesday, April 1st. This represents a dividend yield of 8.93%. The ex-dividend date of this dividend is Monday, March 24th. This is a 6.2% increase from LMP Capital and Income Fund’s previous dividend of $0.11.

LMP Capital and Income Fund Stock Performance

NYSE:SCD traded up $0.01 during trading hours on Monday, hitting $16.13. The company’s stock had a trading volume of 101,282 shares, compared to its average volume of 40,065. LMP Capital and Income Fund has a twelve month low of $14.21 and a twelve month high of $17.96. The stock has a fifty day simple moving average of $16.83 and a 200-day simple moving average of $17.07.

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.