Shares of ClearBridge MLP and Midstream Fund Inc (NYSE:CEM – Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $43.73 and traded as high as $47.55. ClearBridge MLP and Midstream Fund shares last traded at $46.89, with a volume of 16,397 shares trading hands.
ClearBridge MLP and Midstream Fund Price Performance
The company’s 50 day moving average is $46.83 and its 200 day moving average is $43.73.
ClearBridge MLP and Midstream Fund Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Thursday, May 23rd were given a dividend of $0.77 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $3.08 dividend on an annualized basis and a dividend yield of 6.57%.
Institutional Investors Weigh In On ClearBridge MLP and Midstream Fund
About ClearBridge MLP and Midstream Fund
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.
Featured Articles
- Five stocks we like better than ClearBridge MLP and Midstream Fund
- What Are the FAANG Stocks and Are They Good Investments?
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- CD Calculator: Certificate of Deposit Calculator
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
Receive News & Ratings for ClearBridge MLP and Midstream Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearBridge MLP and Midstream Fund and related companies with MarketBeat.com's FREE daily email newsletter.