ClearBridge Energy Midstream Opportunity Fund Inc (EMO) to Issue Monthly Dividend of $0.36 on August 31st

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) declared a monthly dividend on Thursday, May 14th. Shareholders of record on Monday, August 24th will be given a dividend of 0.36 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a yield of 7.9%. The ex-dividend date is Monday, August 24th.

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE:EMO opened at $54.56 on Friday. The business’s 50-day moving average is $51.21 and its two-hundred day moving average is $50.95. ClearBridge Energy Midstream Opportunity Fund has a 12 month low of $41.54 and a 12 month high of $54.93.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Sound Income Strategies LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the first quarter valued at approximately $26,000. Allworth Financial LP acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the 2nd quarter valued at $30,000. Thomas J. Herzfeld Advisors Inc. acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the 4th quarter valued at $45,000. Kestra Advisory Services LLC purchased a new stake in ClearBridge Energy Midstream Opportunity Fund during the 4th quarter worth $119,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in ClearBridge Energy Midstream Opportunity Fund in the 2nd quarter valued at about $197,000.

ClearBridge Energy Midstream Opportunity Fund Company Profile

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.