Reminder - LMP Real Estate Income Fund (RIT) Goes Ex-Dividend Soon

Looking at the universe of stocks we cover at Dividend Channel, on 6/17/15, LMP Real Estate Income Fund ( RIT) will trade ex-dividend, for its monthly dividend of $0.06, payable on 6/26/15. As a percentage of RIT's recent stock price of $12.15, this dividend works out to approximately 0.49%.

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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 5.93% 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 $11.02 per share, with $13.61 as the 52 week high point — that compares with a last trade of $12.15.

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