WESTERN AST CRP (NYSE:TLI) announced a monthly dividend on Tuesday, August 15th, Wall Street Journal reports. Investors of record on Friday, September 22nd will be given a dividend of 0.06 per share by the investment management company on Monday, October 2nd. This represents a $0.72 annualized dividend and a dividend yield of 6.74%. The ex-dividend date is Thursday, September 21st.
Shares of WESTERN AST CRP (TLI) opened at 10.68 on Friday. WESTERN AST CRP has a 12-month low of $10.41 and a 12-month high of $12.10. The company’s 50 day moving average is $10.86 and its 200 day moving average is $11.28.
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About WESTERN AST CRP
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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