ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Announces Monthly Dividend of $0.36

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) declared a monthly dividend on Friday, February 21st, Wall Street Journal reports. Shareholders of record on Thursday, May 22nd will be given a dividend of 0.36 per share by the investment management company on Monday, June 2nd. This represents a $4.32 dividend on an annualized basis and a yield of 8.78%. The ex-dividend date of this dividend is Thursday, May 22nd.

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 Stock Down 2.6 %

NYSE:EMO opened at $49.19 on Friday. ClearBridge Energy Midstream Opportunity Fund has a 12 month low of $36.70 and a 12 month high of $51.87. The firm’s 50 day moving average is $48.29 and its 200 day moving average is $45.23.

Insider Buying and Selling at ClearBridge Energy Midstream Opportunity Fund

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 2,610 shares of the company’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $47.43, for a total transaction of $123,792.30. Following the sale, the insider now directly owns 32,909 shares of the company’s stock, valued at $1,560,873.87. This represents a 7.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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.