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LMP Corporate Loan Fund (NYSE:TLI) announced a monthly dividend on Wednesday, January 8th, ARN reports. Shareholders of record on Friday, January 24th will be paid a dividend of 0.0725 per share on Friday, January 31st. This represents a $0.87 annualized dividend and a dividend yield of 6.99%. The ex-dividend date is Wednesday, January 22nd.

LMP Corporate Loan Fund Inc is a non-diversified, closed-end management investment company. Its investment objective is to maximize current income consistent with efforts to preserve capital.

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