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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of 0.36 per share by the investment management company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Tuesday, June 23rd.

ClearBridge Energy Midstream Opportunity Fund Stock Up 2.9%

NYSE:EMO opened at $51.88 on Friday. The firm’s 50-day moving average price is $51.05 and its 200-day moving average price is $47.74. ClearBridge Energy Midstream Opportunity Fund has a 1-year low of $41.54 and a 1-year high of $54.90.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Penserra Capital Management LLC bought a new position in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter valued at approximately $5,844,000. Absolute Investment Advisers LLC bought a new stake in ClearBridge Energy Midstream Opportunity Fund in the fourth quarter worth $3,746,000. Indivisible Partners bought a new stake in ClearBridge Energy Midstream Opportunity Fund in the fourth quarter worth $540,000. XML Financial LLC grew its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 12.8% in the fourth quarter. XML Financial LLC now owns 8,466 shares of the investment management company’s stock worth $378,000 after acquiring an additional 961 shares during the last quarter. Finally, Kingswood Wealth Advisors LLC raised its position in shares of ClearBridge Energy Midstream Opportunity Fund by 3.0% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 14,989 shares of the investment management company’s stock worth $669,000 after purchasing an additional 440 shares during the last quarter.

About ClearBridge Energy Midstream Opportunity Fund

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) is a closed-end management investment company that seeks to provide a combination of current distribution income and capital appreciation. The fund primarily targets equities and equity-related securities of companies in the energy midstream sector, including entities involved in the gathering, processing, transportation and storage of natural gas, crude oil and natural gas liquids.

EMO’s portfolio typically includes common stocks, convertible securities and interests in master limited partnerships (MLPs) and other energy infrastructure partnerships.