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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a dividend on Thursday, January 23rd,investing.com reports. Investors 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 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 Trading Down 0.1 %

ClearBridge Energy Midstream Opportunity Fund stock traded down $0.03 during mid-day trading on Thursday, hitting $51.04. The company’s stock had a trading volume of 39,765 shares, compared to its average volume of 54,183. ClearBridge Energy Midstream Opportunity Fund has a 1 year low of $34.56 and a 1 year high of $51.87. The stock’s fifty day moving average is $47.89 and its two-hundred day moving average is $43.86.

Insider Buying and Selling

In related news, insider Franklin Resources Inc sold 2,209 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $46.04, for a total value of $101,702.36. Following the completion of the transaction, the insider now directly owns 28,000 shares in the company, valued at approximately $1,289,120. This represents a 7.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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.