LMP Corporate Loan Fund Inc. (TLI) Declares Monthly Dividend of $0.07
LMP Corporate Loan Fund (NYSE:TLI) declared a monthly dividend on Monday, August 18th, Stock Ratings News reports. Shareholders of record on Friday, October 24th will be given a dividend of 0.0725 per share on Friday, October 31st. This represents a $0.87 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date of this dividend is Wednesday, October 22nd.
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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