LMP Capital and Income Fund Inc. (SCD) Director William R. Hutchinson Sells 7,200 Shares

LMP Capital and Income Fund Inc. (NYSE:SCD) Director William R. Hutchinson sold 7,200 shares of LMP Capital and Income Fund stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $14.15, for a total transaction of $101,880.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Shares of LMP Capital and Income Fund Inc. (SCD) traded up $0.03 during mid-day trading on Friday, hitting $14.14. 90,200 shares of the company were exchanged, compared to its average volume of 94,500. LMP Capital and Income Fund Inc. has a 52-week low of $13.21 and a 52-week high of $14.80.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 22nd were issued a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 8.77%. The ex-dividend date was Thursday, December 21st.

Several hedge funds have recently made changes to their positions in the stock. Wells Fargo & Company MN lifted its stake in LMP Capital and Income Fund by 11.5% in the third quarter. Wells Fargo & Company MN now owns 959,518 shares of the real estate investment trust’s stock worth $13,952,000 after acquiring an additional 98,896 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in LMP Capital and Income Fund by 16.6% in the third quarter. Advisors Asset Management Inc. now owns 425,246 shares of the real estate investment trust’s stock worth $6,183,000 after acquiring an additional 60,408 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in LMP Capital and Income Fund by 25.0% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 296,453 shares of the real estate investment trust’s stock worth $4,310,000 after acquiring an additional 59,383 shares during the last quarter. Oppenheimer & Co. Inc. lifted its stake in LMP Capital and Income Fund by 31.6% in the second quarter. Oppenheimer & Co. Inc. now owns 36,256 shares of the real estate investment trust’s stock worth $516,000 after acquiring an additional 8,706 shares during the last quarter. Finally, Citigroup Inc. lifted its stake in LMP Capital and Income Fund by 29.0% in the second quarter. Citigroup Inc. now owns 13,211 shares of the real estate investment trust’s stock worth $188,000 after acquiring an additional 2,968 shares during the last quarter.

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LMP Capital and Income Fund Company Profile

LMP Capital and Income Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is total return with an emphasis on income. The Fund invests in a range of equity and fixed-income securities of both the United States and foreign issuers. It may invest in both energy and non-energy master limited partnerships (MLPs), so long as no more than 25% of the Fund’s total assets are invested in MLPs that are treated as qualified publicly traded partnerships.

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