Why Did Lmp Capital & Income Fund Inc. (SCD) Soar 11.41%?

Lmp Capital & Income Fund rose 11.41% in pre-market trading on August 25, 2025, reflecting a significant surge in investor interest and confidence in the fund's performance.

Lmp Capital & Income Fund Inc. (SCD) is a 21-year-old closed-end fund that offers a high yield of over 9%. This hybrid fund has been a popular choice among income investors due to its consistent dividend payments and strong historical performance. The fund's dividend yield is a key factor in attracting investors, as it provides a steady stream of income in addition to potential capital appreciation.

The fund's dividend history shows a consistent payment schedule, with the next ex-dividend date set for September 2, 2025. This regularity in dividend payments is crucial for income investors who rely on these distributions for their financial planning. The fund's ability to maintain a high yield and consistent dividend payments has been a significant driver of its appeal to investors.