ClearBridge Energy Midstream Opportunity Fund Inc Plans Dividend of $0.36 (NYSE:EMO)

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMOGet Free Report) announced a dividend on Monday, March 24th, investing.com reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.36 per share by the investment management company on Tuesday, April 1st. This represents a dividend yield of 8.69%. The ex-dividend date of this dividend is Monday, March 24th.

ClearBridge Energy Midstream Opportunity Fund has increased its dividend payment by an average of 35.7% annually over the last three years.

ClearBridge Energy Midstream Opportunity Fund Trading Up 1.4 %

NYSE EMO opened at $50.32 on Wednesday. ClearBridge Energy Midstream Opportunity Fund has a 12 month low of $36.71 and a 12 month high of $51.87. The company’s 50 day simple moving average is $49.24 and its 200 day simple moving average is $46.58.

Insider Activity

In other news, insider Franklin Resources Inc sold 9,704 shares of the firm’s stock in a transaction dated Wednesday, January 8th. The shares were sold at an average price of $47.06, for a total transaction of $456,670.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

ClearBridge Energy Midstream Opportunity Fund Company Profile

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ClearBridge Energy MLP Opportunity Fund Inc is a closed ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by ClearBridge Investments, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector.

Further Reading

Dividend History for ClearBridge Energy Midstream Opportunity Fund (NYSE:EMO)

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