Clearbridge MLP and Midstream Fund Inc Plans Quarterly Dividend of $0.30 (NYSE:CEM)

Clearbridge MLP and Midstream Fund Inc (NYSE:CEM) declared a quarterly dividend on Thursday, November 14th, Zacks reports. Stockholders of record on Friday, November 22nd will be given a dividend of 0.295 per share by the investment management company on Friday, November 29th. This represents a $1.18 annualized dividend and a dividend yield of 11.67%. The ex-dividend date is Thursday, November 21st.

Shares of CEM traded down $0.01 during mid-day trading on Wednesday, hitting $10.11. 260 shares of the company’s stock traded hands, compared to its average volume of 249,752. The business’s 50-day moving average price is $10.76 and its 200-day moving average price is $11.57. Clearbridge MLP and Midstream Fund has a 1 year low of $9.60 and a 1 year high of $12.96.

About Clearbridge MLP and Midstream Fund

ClearBridge Energy MLP 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 Advisors, 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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Dividend History for Clearbridge MLP and Midstream Fund (NYSE:CEM)

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