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LMP Real Estate Income Fund Inc Message Board

  • retiredbeancounter retiredbeancounter Jun 3, 2013 5:34 PM Flag

    Down $2.45 since announcement

    On Tuesday May 21st the Company announced distributions for July-September at $.06 per month. Since that date the stock has dropped $2.45 or 16.7%. Is the decline due totally to the Federal Reserve announcements, the decline in the market value of the owned assets or the failed expectations that the dividend would be increased? And all along I thought the commercial real estate market was recovering.

 
RIT
11.3526+0.0126(+0.11%)Sep 3 4:00 PMEDT