Western Ast Crp (NYSE:TLI) announced a monthly dividend on Tuesday, November 14th, Wall Street Journal reports. Stockholders of record on Friday, December 22nd will be paid a dividend of 0.053 per share by the investment management company on Friday, December 29th. This represents a $0.64 annualized dividend and a dividend yield of 6.08%. The ex-dividend date of this dividend is Thursday, December 21st.
Shares of Western Ast Crp (TLI) traded down $0.03 during mid-day trading on Tuesday, reaching $10.46. The company had a trading volume of 42,700 shares, compared to its average volume of 31,300. Western Ast Crp has a one year low of $10.45 and a one year high of $12.10.
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Western Ast Crp Company Profile
Western Asset Corporate Loan Fund Inc, formerly LMP Corporate Loan Fund Inc, is a non-diversified, closed-end management investment company. The Fund’s investment objective is to maximize current income consistent with prudent efforts to preserve capital. The Fund invests primarily in floating or variable-rate collateralized senior loans to corporations, partnerships or other business entities operating in various industries and geographic regions.
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