ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Raises Dividend to $0.36 Per Share

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) declared a dividend on Wednesday, February 19th, NASDAQ Dividends reports. Investors of record on Monday, March 24th will be paid a dividend of 0.36 per share by the investment management company on Tuesday, April 1st. The ex-dividend date is Monday, March 24th. This is a 9.1% increase from ClearBridge Energy Midstream Opportunity Fund’s previous dividend of $0.33.

ClearBridge Energy Midstream Opportunity Fund has raised its dividend payment by an average of 35.7% per year over the last three years.

ClearBridge Energy Midstream Opportunity Fund Stock Performance

Shares of ClearBridge Energy Midstream Opportunity Fund stock opened at $49.72 on Friday. The stock’s 50-day simple moving average is $49.19 and its 200-day simple moving average is $46.37. ClearBridge Energy Midstream Opportunity Fund has a 52 week low of $36.71 and a 52 week high of $51.87.

Insider Buying and Selling

In other ClearBridge Energy Midstream Opportunity Fund news, insider Franklin Resources Inc sold 9,704 shares of ClearBridge Energy Midstream Opportunity Fund stock in a transaction on Wednesday, January 8th. The shares were sold at an average price of $47.06, for a total value of $456,670.24. 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.