Western Asset Vrble Rate Strtgc Fnd Inc. (GFY) To Go Ex-Dividend on October 18th
Western Asset Vrble Rate Strtgc Fnd Inc. (NYSE:GFY) announced a monthly dividend on Tuesday, August 21st, Wall Street Journal reports. Stockholders of record on Friday, October 19th will be paid a dividend of 0.0775 per share by the financial services provider on Thursday, November 1st. This represents a $0.93 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date of this dividend is Thursday, October 18th.
Western Asset Vrble Rate Strtgc Fnd has raised its dividend payment by an average of 2.2% per year over the last three years.
Shares of GFY opened at $16.06 on Friday. Western Asset Vrble Rate Strtgc Fnd has a 1 year low of $16.02 and a 1 year high of $17.79.
About Western Asset Vrble Rate Strtgc Fnd
Western Asset Variable Rate Strategic Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. The fund invests in the fixed income markets across the globe.
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