ClearBridge MLP and Midstream Fund Inc (NYSE:CEM) Declares $0.77 Quarterly Dividend

ClearBridge MLP and Midstream Fund Inc (NYSE:CEM) announced a quarterly dividend on Friday, August 2nd, Zacks reports. Investors of record on Wednesday, August 14th will be given a dividend of 0.77 per share by the investment management company on Friday, August 30th. This represents a $3.08 dividend on an annualized basis and a yield of 7.17%. The ex-dividend date is Wednesday, August 14th.

ClearBridge MLP and Midstream Fund Trading Down 3.0 %

NYSE:CEM traded down $1.33 during midday trading on Friday, reaching $42.98. 36,529 shares of the stock traded hands, compared to its average volume of 36,025. The company has a fifty day moving average of $46.01 and a 200 day moving average of $44.64. ClearBridge MLP and Midstream Fund has a 12 month low of $33.11 and a 12 month high of $48.61.

About ClearBridge MLP and Midstream Fund

ClearBridge Energy MLP 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 Advisors, 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.