Western Ast Crp (NYSE:TLI) declared a monthly dividend on Thursday, May 18th, Wall Street Journal reports. Investors of record on Friday, July 21st will be given a dividend of 0.0675 per share by the investment management company on Tuesday, August 1st. This represents a $0.81 annualized dividend and a yield of 7.28%. The ex-dividend date of this dividend is Wednesday, July 19th.
Western Ast Crp (NYSE TLI) traded up 0.09% during trading on Tuesday, reaching $11.13. 11,924 shares of the company traded hands. Western Ast Crp has a 12-month low of $10.41 and a 12-month high of $12.10. The firm’s 50 day moving average price is $11.12 and its 200 day moving average price is $11.48.
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About Western Ast Crp
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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