ClearBridge Energy Midstream Opportunity Fund Inc to Issue — Dividend of $0.33 (NYSE:EMO)

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) declared a — dividend on Wednesday, November 20th,Wall Street Journal reports. Investors of record on Friday, February 21st will be paid a dividend of 0.33 per share by the investment management company on Monday, March 3rd. This represents a yield of 8.1%. The ex-dividend date of this dividend is Friday, February 21st.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of EMO traded up $0.25 during midday trading on Wednesday, hitting $48.74. 45,723 shares of the company’s stock traded hands, compared to its average volume of 31,270. ClearBridge Energy Midstream Opportunity Fund has a 1 year low of $32.17 and a 1 year high of $48.87. The firm’s fifty day moving average is $43.56 and its 200-day moving average is $41.89.

Insider Activity

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 7,900 shares of the business’s stock in a transaction on Friday, October 18th. The shares were sold at an average price of $43.71, for a total value of $345,309.00. Following the completion of the transaction, the insider now owns 36,519 shares in the company, valued at $1,596,245.49. The trade was a 17.79 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders have sold 24,024 shares of company stock worth $1,051,375 in the last ninety days.

About ClearBridge Energy Midstream Opportunity Fund

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.