ClearBridge Energy Midstream Opportunity Fund Inc (EMO) to Issue — Dividend of $0.33 on March 3rd

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a — dividend on Thursday, November 21st,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 of this dividend is Friday, February 21st.

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

ClearBridge Energy Midstream Opportunity Fund Trading Up 1.6 %

EMO stock opened at $50.29 on Wednesday. ClearBridge Energy Midstream Opportunity Fund has a 1-year low of $36.16 and a 1-year high of $51.87. The firm has a fifty day moving average price of $48.14 and a two-hundred day moving average price of $45.04.

Insider Buying and Selling at ClearBridge Energy Midstream Opportunity Fund

In other news, insider Franklin Resources Inc sold 2,209 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $46.04, for a total transaction of $101,702.36. Following the completion of the transaction, the insider now owns 28,000 shares in the company, valued at approximately $1,289,120. This represents a 7.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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.