LMP Corporate Loan Fund Inc. Declares Monthly Dividend of $0.07 (TLI)
LMP Corporate Loan Fund (NYSE:TLI) announced a monthly dividend on Monday, August 18th, ARN reports. Shareholders of record on Friday, September 19th will be paid a dividend of 0.0725 per share on Friday, September 26th. This represents a $0.87 annualized dividend and a dividend yield of 7.45%. The ex-dividend date is Wednesday, September 17th.
Shares of LMP Corporate Loan Fund (NYSE:TLI) traded up 1.20% on Monday, hitting $11.82. The stock had a trading volume of 62,350 shares. LMP Corporate Loan Fund has a 52-week low of $11.46 and a 52-week high of $12.63. The stock’s 50-day moving average is $11.90 and its 200-day moving average is $12.01.
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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