Ex-Div Reminder for LMP Real Estate Income Fund (RIT)

Looking at the universe of stocks we cover at Dividend Channel, on 9/17/14, LMP Real Estate Income Fund (RIT) will trade ex-dividend, for its monthly dividend of $0.06, payable on 9/26/14. As a percentage of RIT's recent stock price of $11.31, this dividend works out to approximately 0.53%, so look for shares of LMP Real Estate Income Fund to trade 0.53% lower — all else being equal — when RIT shares open for trading on 9/17/14.

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Below is a dividend history chart for RIT, showing historical dividends prior to the most recent $0.06 declared by LMP Real Estate Income Fund:

RIT+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RIT is likely to continue, and whether the current estimated yield of 6.37% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of RIT shares, versus its 200 day moving average:

LMP Real Estate Income Fund 200 Day Moving Average Chart

Looking at the chart above, RIT's low point in its 52 week range is $9.65 per share, with $11.89 as the 52 week high point — that compares with a last trade of $11.31.

In Monday trading, LMP Real Estate Income Fund shares are currently off about 0.3% on the day.

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