ClearBridge Energy Midstream Opportunity Fund Inc (EMO) to Issue Monthly Dividend of $0.33 on December 31st

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a monthly dividend on Tuesday, November 19th,NASDAQ Dividends reports. Shareholders of record on Monday, December 23rd will be paid a dividend of 0.33 per share by the investment management company on Tuesday, December 31st. This represents a $3.96 dividend on an annualized basis and a yield of 8.80%. The ex-dividend date of this dividend is Monday, December 23rd.

ClearBridge Energy Midstream Opportunity Fund Price Performance

Shares of ClearBridge Energy Midstream Opportunity Fund stock traded up $0.61 during trading hours on Friday, reaching $45.00. The company had a trading volume of 26,782 shares, compared to its average volume of 32,771. ClearBridge Energy Midstream Opportunity Fund has a one year low of $33.02 and a one year high of $50.73. The business has a fifty day simple moving average of $46.28 and a 200 day simple moving average of $42.79.

Insiders Place Their Bets

In related news, insider Franklin Resources Inc sold 8,467 shares of the company’s stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $43.69, for a total transaction of $369,923.23. Following the sale, the insider now owns 51,019 shares of the company’s stock, valued at approximately $2,229,020.11. This represents a 14.23 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 28,843 shares of company stock worth $1,276,869 in the last quarter.

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.