ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Announces $0.33 — Dividend

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a — dividend on Thursday, November 21st,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be paid a dividend of 0.33 per share by the investment management company on Monday, March 3rd. This represents a dividend yield of 8.1%. The ex-dividend date is Friday, February 21st.

ClearBridge Energy Midstream Opportunity Fund Trading Up 1.2 %

Shares of EMO stock opened at $49.79 on Friday. The firm has a 50-day moving average of $44.12 and a 200-day moving average of $42.05. ClearBridge Energy Midstream Opportunity Fund has a one year low of $32.21 and a one year high of $49.90.

Insider Activity at ClearBridge Energy Midstream Opportunity Fund

In related news, insider Franklin Resources Inc sold 7,900 shares of the stock in a transaction dated Friday, October 18th. The shares were sold at an average price of $43.71, for a total transaction of $345,309.00. Following the completion of the transaction, the insider now owns 36,519 shares in the company, valued at approximately $1,596,245.49. This represents a 17.79 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders sold 24,024 shares of company stock worth $1,051,375.

About ClearBridge Energy Midstream Opportunity Fund

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.