Western Asset Vrble Rate Strtgc Fnd Inc. (NYSE:GFY) Plans Monthly Dividend of $0.08

Western Asset Vrble Rate Strtgc Fnd Inc. (NYSE:GFY) announced a monthly dividend on Wednesday, May 22nd, Wall Street Journal reports. Investors of record on Friday, July 19th will be given a dividend of 0.0775 per share by the financial services provider on Thursday, August 1st. This represents a $0.93 annualized dividend and a dividend yield of 5.72%. The ex-dividend date is Thursday, July 18th.

Western Asset Vrble Rate Strtgc Fnd has raised its dividend payment by an average of 1.5% per year over the last three years.

Shares of NYSE GFY traded up $0.05 during mid-day trading on Friday, hitting $16.26. The company had a trading volume of 5,600 shares, compared to its average volume of 10,781. Western Asset Vrble Rate Strtgc Fnd has a 12 month low of $14.86 and a 12 month high of $17.01.

TRADEMARK VIOLATION NOTICE: This article was originally posted by Rockland Register and is the sole property of of Rockland Register. If you are accessing this article on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark laws. The legal version of this article can be accessed at https://rocklandregister.com/2019/06/14/western-asset-vrble-rate-strtgc-fnd-inc-gfy-to-issue-0-08-monthly-dividend.html.

About Western Asset Vrble Rate Strtgc Fnd

Western Asset Variable Rate Strategic Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. The fund invests in the fixed income markets across the globe.

Featured Story: What are retained earnings?

Dividend History for Western Asset Vrble Rate Strtgc Fnd (NYSE:GFY)

Receive News & Ratings for Western Asset Vrble Rate Strtgc Fnd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Vrble Rate Strtgc Fnd and related companies with MarketBeat.com's FREE daily email newsletter.