ClearBridge Energy Midstream Opportunity Fund Inc to Issue Dividend of $0.33 (NYSE:EMO)

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a dividend on Thursday, January 23rd,investing.com reports. Stockholders of record on Monday, January 27th will be given a dividend of 0.33 per share by the investment management company on Monday, February 3rd. This represents a dividend yield of 7.75%. The ex-dividend date of this dividend is Friday, January 24th.

ClearBridge Energy Midstream Opportunity Fund has increased its dividend by an average of 31.5% per year over the last three years.

ClearBridge Energy Midstream Opportunity Fund Stock Down 0.7 %

Shares of EMO stock opened at $50.74 on Friday. ClearBridge Energy Midstream Opportunity Fund has a one year low of $34.84 and a one year high of $51.87. The company’s 50-day simple moving average is $47.95 and its 200-day simple moving average is $43.93.

Insider Buying and Selling at ClearBridge Energy Midstream Opportunity Fund

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 2,209 shares of ClearBridge Energy Midstream Opportunity Fund stock in a transaction on Monday, December 16th. The shares were sold at an average price of $46.04, for a total value of $101,702.36. Following the completion of the transaction, the insider now owns 28,000 shares of the company’s stock, valued at $1,289,120. The trade was a 7.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

ClearBridge Energy Midstream Opportunity Fund Company Profile

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.