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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a dividend on Thursday, January 23rd,investing.com reports. Shareholders 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 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% annually over the last three years.

ClearBridge Energy Midstream Opportunity Fund Stock Down 0.1 %

ClearBridge Energy Midstream Opportunity Fund stock traded down $0.03 during trading hours on Thursday, hitting $51.04. 39,765 shares of the stock traded hands, compared to its average volume of 54,183. The firm’s 50 day moving average price is $47.89 and its 200-day moving average price is $43.86. ClearBridge Energy Midstream Opportunity Fund has a 1 year low of $34.56 and a 1 year high of $51.87.

Insider Transactions at ClearBridge Energy Midstream Opportunity Fund

In related news, insider Franklin Resources Inc sold 2,610 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $47.43, for a total value of $123,792.30. Following the completion of the transaction, the insider now owns 32,909 shares of the company’s stock, valued at approximately $1,560,873.87. This represents a 7.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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.