Western Ast Crp (TLI) to Issue Monthly Dividend of $0.05
Western Ast Crp (NYSE:TLI) declared a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Stockholders of record on Friday, February 16th will be given a dividend of 0.053 per share by the investment management company on Thursday, March 1st. This represents a $0.64 annualized dividend and a dividend yield of 6.06%. The ex-dividend date is Thursday, February 15th.
Western Ast Crp (NYSE TLI) traded up $0.03 during mid-day trading on Wednesday, hitting $10.49. The stock had a trading volume of 21,000 shares, compared to its average volume of 31,254. Western Ast Crp has a 52 week low of $10.41 and a 52 week high of $12.10.
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Western Ast Crp Company Profile
Western Asset Corporate Loan Fund Inc, formerly LMP Corporate Loan Fund Inc, is a non-diversified, closed-end management investment company. The Fund’s investment objective is to maximize current income consistent with prudent efforts to preserve capital. The Fund invests primarily in floating or variable-rate collateralized senior loans to corporations, partnerships or other business entities operating in various industries and geographic regions.
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