ClearBridge Energy Midstream Opportunity Fund Inc (EMO) To Go Ex-Dividend on May 22nd

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a monthly dividend on Friday, February 21st, Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 8.78%. The ex-dividend date is Thursday, May 22nd.

ClearBridge Energy Midstream Opportunity Fund has raised its dividend by an average of 35.7% per year over the last three years.

ClearBridge Energy Midstream Opportunity Fund Trading Down 2.6 %

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

Insider Buying and Selling

In other news, insider Franklin Resources Inc sold 2,209 shares of the stock in a transaction dated 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 owns 28,000 shares in the company, valued at $1,289,120. This represents a 7.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed 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.