ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Announces Dividend of $0.33

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) declared a dividend on Wednesday, January 22nd,investing.com reports. Stockholders of record on Monday, January 27th will be paid a dividend of 0.33 per share by the investment management company on Monday, February 3rd. This represents a dividend yield of 7.75%. The ex-dividend date of this dividend is Friday, January 24th.

ClearBridge Energy Midstream Opportunity Fund has raised its dividend payment by an average of 31.5% annually over the last three years.

ClearBridge Energy Midstream Opportunity Fund Stock Up 0.0 %

Shares of EMO stock traded up $0.02 on Wednesday, reaching $51.18. 45,339 shares of the company were exchanged, compared to its average volume of 55,295. ClearBridge Energy Midstream Opportunity Fund has a 1 year low of $34.39 and a 1 year high of $51.87. The business has a 50-day moving average price of $47.71 and a 200 day moving average price of $43.76.

Insiders Place Their Bets

In related news, insider Franklin Resources Inc sold 2,610 shares of ClearBridge Energy Midstream Opportunity Fund stock in a transaction that occurred on Tuesday, December 10th. The stock was sold at an average price of $47.43, for a total transaction of $123,792.30. Following the transaction, the insider now owns 32,909 shares in the company, valued at approximately $1,560,873.87. This trade represents a 7.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed 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.