ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Plans $0.33 Monthly Dividend

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a monthly dividend on Thursday, September 12th,Wall Street Journal reports. Stockholders of record on Thursday, November 21st will be paid a dividend of 0.33 per share by the investment management company on Monday, December 2nd. This represents a $3.96 dividend on an annualized basis and a dividend yield of 8.16%. The ex-dividend date is Thursday, November 21st.

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE EMO opened at $48.51 on Wednesday. The business has a fifty day moving average price of $43.56 and a 200 day moving average price of $41.89. ClearBridge Energy Midstream Opportunity Fund has a one year low of $32.17 and a one year high of $48.55.

Insider Buying and Selling at ClearBridge Energy Midstream Opportunity Fund

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 7,657 shares of the company’s stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $43.90, for a total value of $336,142.30. Following the transaction, the insider now owns 65,862 shares of the company’s stock, valued at $2,891,341.80. This represents a 10.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 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.