ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO – Get Free Report) declared a — dividend on Wednesday, November 20th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be given a dividend of 0.33 per share by the investment management company on Monday, March 3rd. This represents a yield of 8.1%. The ex-dividend date is Friday, February 21st.
ClearBridge Energy Midstream Opportunity Fund Trading Up 1.6 %
Shares of NYSE:EMO opened at $49.22 on Friday. The firm’s 50-day moving average is $43.94 and its two-hundred day moving average is $41.99. ClearBridge Energy Midstream Opportunity Fund has a 1 year low of $32.17 and a 1 year high of $49.38.
Insiders Place Their Bets
In related news, insider Franklin Resources Inc sold 7,900 shares of the business’s stock in a transaction on Friday, October 18th. The stock was sold at an average price of $43.71, for a total transaction of $345,309.00. Following the completion of the transaction, the insider now directly owns 36,519 shares of the company’s stock, valued at $1,596,245.49. The trade was a 17.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold a total of 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.
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