ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO – Get Free Report) declared a monthly dividend on Thursday, September 12th, Wall Street Journal reports. Shareholders of record on Thursday, October 24th will be paid a dividend of 0.33 per share by the investment management company on Friday, November 1st. This represents a $3.96 dividend on an annualized basis and a yield of 8.89%. The ex-dividend date of this dividend is Thursday, October 24th.
ClearBridge Energy Midstream Opportunity Fund Price Performance
NYSE:EMO opened at $44.53 on Wednesday. ClearBridge Energy Midstream Opportunity Fund has a fifty-two week low of $30.71 and a fifty-two week high of $44.65. The business has a 50 day moving average price of $41.50 and a 200-day moving average price of $41.23.
Insider Activity
In related news, insider Franklin Resources Inc sold 8,467 shares of the firm’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $43.69, for a total value of $369,923.23. Following the completion of the sale, the insider now owns 51,019 shares of the company’s stock, valued at $2,229,020.11. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Over the last 90 days, insiders sold 24,024 shares of company stock valued at $1,051,375.
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.
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