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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a — dividend on Wednesday, November 20th,Wall Street Journal reports. Shareholders 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 yield of 8.1%. The ex-dividend date of this dividend is Friday, February 21st.

ClearBridge Energy Midstream Opportunity Fund has raised its dividend by an average of 35.7% per year over the last three years.

ClearBridge Energy Midstream Opportunity Fund Stock Up 1.6 %

Shares of NYSE EMO opened at $50.29 on Wednesday. The stock’s fifty day simple moving average is $48.14 and its two-hundred day simple moving average is $45.04. ClearBridge Energy Midstream Opportunity Fund has a 12-month low of $36.16 and a 12-month high of $51.87.

Insider Activity

In other news, insider Franklin Resources Inc sold 2,209 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of $46.04, for a total transaction of $101,702.36. Following the completion of the sale, the insider now owns 28,000 shares in the company, valued at approximately $1,289,120. This represents a 7.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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.