LMP Capital and Income Fund Inc. (NYSE:SCD – Get Free Report) announced a monthly dividend on Wednesday, August 5th. Stockholders of record on Friday, October 23rd will be given a dividend of 0.12 per share by the real estate investment trust on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date is Friday, October 23rd.
LMP Capital and Income Fund Stock Up 0.1%
Shares of SCD stock opened at $15.68 on Thursday. The company has a 50-day simple moving average of $15.50 and a 200 day simple moving average of $15.42. LMP Capital and Income Fund has a 52 week low of $13.79 and a 52 week high of $16.18.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Karpus Management Inc. purchased a new stake in shares of LMP Capital and Income Fund in the 4th quarter valued at $44,000. Kestra Advisory Services LLC purchased a new stake in LMP Capital and Income Fund during the fourth quarter valued at about $56,000. Blue Bell Private Wealth Management LLC purchased a new stake in LMP Capital and Income Fund during the fourth quarter valued at about $116,000. Readystate Asset Management LP bought a new position in shares of LMP Capital and Income Fund during the fourth quarter valued at about $148,000. Finally, Aurora Private Wealth Inc. purchased a new position in shares of LMP Capital and Income Fund in the fourth quarter worth about $168,000.
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.
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