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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) declared a dividend on Thursday, January 23rd,investing.com reports. Stockholders 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 dividend yield of 7.75%. The ex-dividend date of this dividend is Friday, January 24th.

ClearBridge Energy Midstream Opportunity Fund has raised its dividend payment by an average of 31.5% annually over the last three years.

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.1 %

Shares of NYSE:EMO opened at $51.04 on Friday. ClearBridge Energy Midstream Opportunity Fund has a 1 year low of $34.56 and a 1 year high of $51.87. The business has a fifty day simple moving average of $47.89 and a 200 day simple moving average of $43.86.

Insiders Place Their Bets

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 2,209 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $46.04, for a total value of $101,702.36. Following the completion of the sale, the insider now directly owns 28,000 shares of the company’s stock, valued at $1,289,120. The trade was a 7.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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.