ClearBridge Energy Midstream Opportunity Fund Inc Declares Monthly Dividend of $0.36 (NYSE:EMO)

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced 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 8.3%. The ex-dividend date of this dividend is Monday, August 24th.

ClearBridge Energy Midstream Opportunity Fund Price Performance

NYSE:EMO traded up $1.45 during trading hours on Thursday, hitting $51.88. 74,599 shares of the stock were exchanged, compared to its average volume of 57,192. The firm’s fifty day moving average price is $51.05 and its 200 day moving average price is $47.68. ClearBridge Energy Midstream Opportunity Fund has a 52-week low of $41.54 and a 52-week high of $54.90.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Large investors have recently made changes to their positions in the stock. Sound Income Strategies LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the first quarter valued at approximately $26,000. Thomas J. Herzfeld Advisors Inc. purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at approximately $45,000. First Community Trust NA purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at approximately $69,000. Kestra Advisory Services LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at approximately $119,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the fourth quarter valued at approximately $189,000.

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.