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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMOGet Free Report) announced a dividend on Thursday, January 23rd,investing.com reports. Stockholders of record on Monday, January 27th will be paid 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 Price Performance

Shares of EMO opened at $51.04 on Friday. ClearBridge Energy Midstream Opportunity Fund has a 1-year low of $34.56 and a 1-year high of $51.87. The business’s 50-day moving average price is $47.89 and its 200 day moving average price is $43.86.

Insider Activity

In related news, insider Franklin Resources Inc sold 2,209 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $46.04, for a total value of $101,702.36. Following the completion of the sale, the insider now directly owns 28,000 shares of the company’s stock, valued at approximately $1,289,120. This represents a 7.31 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

ClearBridge Energy Midstream Opportunity Fund Company Profile

(Get Free Report)

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.

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

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