LMP Capital and Income Fund Inc. (SCD) to Issue Monthly Dividend of $0.12 on March 31st

LMP Capital and Income Fund Inc. (NYSE:SCD) declared a monthly dividend on Monday, February 23rd. Stockholders of record on Tuesday, March 24th will be paid a dividend of 0.12 per share by the real estate investment trust on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 9.1%. The ex-dividend date of this dividend is Tuesday, March 24th.

LMP Capital and Income Fund Trading Up 0.8%

NYSE SCD opened at $15.75 on Wednesday. LMP Capital and Income Fund has a 1-year low of $13.35 and a 1-year high of $17.17. The company has a 50 day moving average of $15.37 and a 200-day moving average of $15.22.

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.