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 given 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 of this dividend is Monday, March 24th.

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

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE:EMO opened at $49.62 on Tuesday. ClearBridge Energy Midstream Opportunity Fund has a 52-week low of $36.71 and a 52-week high of $51.87. The stock has a fifty day moving average of $49.22 and a 200 day moving average of $46.51.

Insider Activity 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 dated Wednesday, January 8th. The stock was sold at an average price of $47.06, for a total value of $456,670.24. The transaction was disclosed in a legal filing 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.