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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a monthly dividend on Thursday, May 14th. Stockholders of record on Friday, July 24th will be paid a dividend of 0.36 per share by the investment management company on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Friday, July 24th.

ClearBridge Energy Midstream Opportunity Fund Trading Up 2.9%

Shares of EMO stock opened at $51.88 on Friday. The firm has a 50-day moving average of $51.05 and a 200-day moving average of $47.74. ClearBridge Energy Midstream Opportunity Fund has a one year low of $41.54 and a one year high of $54.90.

Hedge Funds Weigh In On ClearBridge Energy Midstream Opportunity Fund

Several hedge funds have recently modified their holdings of EMO. Cetera Investment Advisers boosted its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 9.0% in the 2nd quarter. Cetera Investment Advisers now owns 9,204 shares of the investment management company’s stock worth $442,000 after buying an additional 761 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 9.0% during the second quarter. JPMorgan Chase & Co. now owns 11,934 shares of the investment management company’s stock valued at $572,000 after acquiring an additional 990 shares during the last quarter. Invesco Ltd. increased its position in shares of ClearBridge Energy Midstream Opportunity Fund by 9.0% during the second quarter. Invesco Ltd. now owns 58,066 shares of the investment management company’s stock valued at $2,785,000 after acquiring an additional 4,778 shares during the last quarter. First Trust Advisors LP lifted its holdings in ClearBridge Energy Midstream Opportunity Fund by 1.5% during the second quarter. First Trust Advisors LP now owns 17,854 shares of the investment management company’s stock worth $856,000 after acquiring an additional 269 shares during the period. Finally, Raymond James Financial Inc. boosted its position in ClearBridge Energy Midstream Opportunity Fund by 1.7% in the second quarter. Raymond James Financial Inc. now owns 650,976 shares of the investment management company’s stock worth $31,227,000 after purchasing an additional 11,188 shares during the last quarter.

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.