ClearBridge Energy MLP Fund Inc (NYSE:CEM) Director Carol L. Colman purchased 2,000 shares of the stock in a transaction that occurred on Monday, March 12th. The stock was purchased at an average cost of $14.48 per share, with a total value of $28,960.00. Following the purchase, the director now owns 8,120 shares in the company, valued at approximately $117,577.60. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of ClearBridge Energy MLP Fund Inc (NYSE CEM) traded down $1.23 during midday trading on Thursday, hitting $13.08. The company had a trading volume of 755,526 shares, compared to its average volume of 267,782. ClearBridge Energy MLP Fund Inc has a 1-year low of $12.10 and a 1-year high of $17.36.
The company also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Investors of record on Friday, February 16th were paid a $0.355 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $1.42 annualized dividend and a dividend yield of 10.86%.
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ClearBridge Energy MLP Fund Company Profile
ClearBridge Energy MLP Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.
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