Private Advisor Group LLC trimmed its position in LMP Capital and Income Fund Inc. (NYSE:SCD) by 7.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,321 shares of the real estate investment trust’s stock after selling 1,850 shares during the period. Private Advisor Group LLC’s holdings in LMP Capital and Income Fund were worth $318,000 at the end of the most recent reporting period.
Separately, Oppenheimer & Co. Inc. grew its stake in LMP Capital and Income Fund by 31.6% in the second quarter. Oppenheimer & Co. Inc. now owns 36,256 shares of the real estate investment trust’s stock worth $516,000 after purchasing an additional 8,706 shares during the period.
Shares of LMP Capital and Income Fund Inc. (NYSE:SCD) opened at 14.46 on Wednesday. LMP Capital and Income Fund Inc. has a 52 week low of $12.16 and a 52 week high of $14.80. The company has a 50-day moving average price of $14.19 and a 200 day moving average price of $14.25.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 22nd will be issued a dividend of $0.31 per share. The ex-dividend date is Thursday, September 21st. This represents a $1.24 annualized dividend and a yield of 8.58%.
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About LMP Capital and Income Fund
LMP Capital and Income Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is total return with an emphasis on income. The Fund invests in a range of equity and fixed-income securities of both the United States and foreign issuers. It may invest in both energy and non-energy master limited partnerships (MLPs), so long as no more than 25% of the Fund’s total assets are invested in MLPs that are treated as qualified publicly traded partnerships.
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