Clearbridge MLP and Midstream Fund Inc to Issue Quarterly Dividend of $0.30 (CEM)

Clearbridge MLP and Midstream Fund Inc (NYSE:CEM) declared a quarterly dividend on Friday, May 17th, Wall Street Journal reports. Investors of record on Friday, May 24th will be given a dividend of 0.295 per share by the investment management company on Friday, May 31st. This represents a $1.18 dividend on an annualized basis and a yield of 9.28%. The ex-dividend date is Thursday, May 23rd.

Clearbridge MLP and Midstream Fund has decreased its dividend by an average of 5.9% annually over the last three years.

Clearbridge MLP and Midstream Fund stock traded down $0.01 during mid-day trading on Friday, reaching $12.71. The company’s stock had a trading volume of 163,468 shares, compared to its average volume of 249,068. Clearbridge MLP and Midstream Fund has a 12-month low of $9.60 and a 12-month high of $15.59.

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Clearbridge MLP and Midstream Fund Company Profile

ClearBridge Energy MLP Fund Inc is a closed-ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector.

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Dividend History for Clearbridge MLP and Midstream Fund (NYSE:CEM)

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