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

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a monthly dividend on Monday, February 23rd. Stockholders of record on Thursday, May 21st will be paid a dividend of 0.36 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date of this dividend is Thursday, May 21st.

ClearBridge Energy Midstream Opportunity Fund Price Performance

Shares of EMO traded up $0.19 during mid-day trading on Monday, hitting $51.08. 74,227 shares of the company’s stock traded hands, compared to its average volume of 58,432. The business’s 50-day moving average price is $46.67 and its 200-day moving average price is $45.60. ClearBridge Energy Midstream Opportunity Fund has a 1 year low of $39.65 and a 1 year high of $51.49.

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.