ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Declares Monthly Dividend of $0.33

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) declared a monthly dividend on Thursday, September 12th, Wall Street Journal reports. Shareholders of record on Thursday, October 24th will be given a dividend of 0.33 per share by the investment management company on Friday, November 1st. This represents a $3.96 dividend on an annualized basis and a yield of 8.95%. The ex-dividend date of this dividend is Thursday, October 24th.

ClearBridge Energy Midstream Opportunity Fund Price Performance

Shares of EMO opened at $44.23 on Tuesday. ClearBridge Energy Midstream Opportunity Fund has a one year low of $30.71 and a one year high of $44.38. The business’s 50 day simple moving average is $41.30 and its 200-day simple moving average is $41.19.

Insider Activity

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 7,657 shares of the stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $43.90, for a total transaction of $336,142.30. Following the sale, the insider now owns 65,862 shares of the company’s stock, valued at $2,891,341.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety 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.