ClearBridge Energy Midstream Opportunity Fund Inc (EMO) to Issue Monthly Dividend of $0.41 on September 30th

ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) announced a monthly dividend on Wednesday, August 5th. Investors of record on Wednesday, September 23rd will be paid a dividend of 0.41 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 9.6%. The ex-dividend date of this dividend is Wednesday, September 23rd. This is a 13.9% increase from ClearBridge Energy Midstream Opportunity Fund’s previous monthly dividend of $0.36.

ClearBridge Energy Midstream Opportunity Fund Stock Up 1.7%

Shares of NYSE EMO opened at $51.15 on Friday. ClearBridge Energy Midstream Opportunity Fund has a 12-month low of $41.54 and a 12-month high of $54.90. The company has a 50-day moving average of $50.50 and a 200 day moving average of $50.50.

Institutional Investors Weigh In On ClearBridge Energy Midstream Opportunity Fund

Large investors have recently made changes to their positions in the stock. Cetera Investment Advisers grew its holdings in 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 valued at $442,000 after buying an additional 761 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of ClearBridge Energy Midstream Opportunity Fund by 9.0% during the 2nd 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. boosted its position in shares of ClearBridge Energy Midstream Opportunity Fund by 9.0% during the 2nd 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 grew its holdings in shares of ClearBridge Energy Midstream Opportunity Fund by 1.5% in the second quarter. First Trust Advisors LP now owns 17,854 shares of the investment management company’s stock valued at $856,000 after purchasing an additional 269 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in shares of 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 valued at $31,227,000 after purchasing an additional 11,188 shares during the period.

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.