LMP Capital and Income Fund Raises Monthly Distribution 10.4%
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LMP Capital and Income Fund Inc. (SCD) increased its monthly distribution to $0.1325 per share for December through February, raising the payout 10.4% from its previous $0.12 per share. The increase amounts to $0.0125 per share for each monthly payment. The three scheduled distributions total $0.3975 per share. LMP is a closed-end fund listed on the New York Stock Exchange. The first payment is scheduled for Dec. 31, 2026, to shareholders of record Dec. 23. Shares will also trade ex-dividend on Dec. 23. The second payment is scheduled for Jan. 29, 2027. Its record and ex-dividend dates are both Jan.
Source: TokenPost
