ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) declared a quarterly dividend on Monday, August 14th, Wall Street Journal reports. Stockholders of record on Friday, August 25th will be given a dividend of 0.20 per share by the investment management company on Friday, September 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 9.60%. The ex-dividend date is Wednesday, August 23rd.

ClearBridge American Energy MLP Fund has raised its dividend by an average of 10.1% per year over the last three years.

ClearBridge American Energy MLP Fund (NYSE CBA) traded down 0.60% during trading on Monday, hitting $8.33. 110,799 shares of the stock were exchanged. The stock’s 50-day moving average price is $8.92 and its 200-day moving average price is $9.44. ClearBridge American Energy MLP Fund has a 12-month low of $8.06 and a 12-month high of $10.54.

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About ClearBridge American Energy MLP Fund

ClearBridge American Energy MLP Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return, with an equal emphasis on current distributions and capital appreciation. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.

Dividend History for ClearBridge American Energy MLP Fund (NYSE:CBA)

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