Shares of LMP Capital and Income Fund Inc. (NYSE:SCD – Get Free Report) passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $15.35 and traded as low as $14.72. LMP Capital and Income Fund shares last traded at $14.72, with a volume of 87,651 shares traded.
LMP Capital and Income Fund Stock Down 0.3%
The firm’s fifty day moving average price is $15.42 and its 200-day moving average price is $15.34.
LMP Capital and Income Fund Announces Dividend
The company also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 23rd were given a $0.12 dividend. This represents a $1.44 dividend on an annualized basis and a yield of 9.8%. The ex-dividend date was Wednesday, September 23rd.
Hedge Funds Weigh In On LMP Capital and Income Fund
LMP Capital and Income Fund Company Profile
LMP Capital and Income Fund Inc (NYSE: SCD) is a closed-end investment company that seeks to provide investors with a high level of current income and the opportunity for capital appreciation. The fund invests in a diversified portfolio of income-producing securities and equity investments.
Its holdings may include dividend-paying common stocks, preferred stocks, convertible securities, corporate bonds and other fixed-income instruments, including securities below investment grade. The fund may invest across a range of industries and geographic markets, with portfolio allocations changing over time in response to market conditions and the investment adviser’s assessment of income and growth opportunities.
LMP Capital and Income Fund was established in 2003 and is listed on the New York Stock Exchange under the ticker symbol SCD.
See Also
- Five stocks we like better than LMP Capital and Income Fund
- AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
- Time to Nibble on MCD Stock After it Enters Oversold Territory?
- McCormick Stock Trades Cheap, Offers Dividend Growth and Unilever Deal Upside
- Corning and AT&T’s $3 Billion Fiber Deal Reveals Where AI Spending Goes Next
Receive News & Ratings for LMP Capital and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LMP Capital and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
