ClearBridge Energy Midstream Opportunity Fund Inc to Issue Dividend of $0.36 (NYSE:EMO)

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) declared a dividend on Monday, March 24th, investing.com reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.36 per share by the investment management company on Tuesday, April 1st. This represents a dividend yield of 8.69%. The ex-dividend date is Monday, March 24th.

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

ClearBridge Energy Midstream Opportunity Fund Stock Performance

EMO stock traded down $0.08 on Monday, hitting $49.62. 43,018 shares of the company were exchanged, compared to its average volume of 36,684. ClearBridge Energy Midstream Opportunity Fund has a twelve month low of $36.71 and a twelve month high of $51.87. The business’s fifty day moving average is $49.22 and its two-hundred day moving average is $46.51.

Insider Transactions at ClearBridge Energy Midstream Opportunity Fund

In related news, insider Franklin Resources Inc sold 9,704 shares of the firm’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $47.06, for a total value of $456,670.24. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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.