ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Raises Dividend to $0.41 Per Share

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a monthly dividend on Wednesday, August 5th. Stockholders of record on Wednesday, September 23rd will be paid a dividend of 0.41 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a 13.9% increase from ClearBridge Energy Midstream Opportunity Fund’s previous monthly dividend of $0.36.

ClearBridge Energy Midstream Opportunity Fund Price Performance

Shares of EMO stock opened at $50.18 on Thursday. ClearBridge Energy Midstream Opportunity Fund has a 12-month low of $41.54 and a 12-month high of $54.90. The firm has a fifty day moving average of $50.49 and a 200-day moving average of $50.47.

About ClearBridge Energy Midstream Opportunity Fund

ClearBridge Energy Midstream Opportunity Fund (NYSE: EMO) is a closed-end management investment company that seeks to provide a combination of current distribution income and capital appreciation. The fund primarily targets equities and equity-related securities of companies in the energy midstream sector, including entities involved in the gathering, processing, transportation and storage of natural gas, crude oil and natural gas liquids.

EMO’s portfolio typically includes common stocks, convertible securities and interests in master limited partnerships (MLPs) and other energy infrastructure partnerships.