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ClearBridge American Energy MLP Fund (NYSE:CBA) declared a quarterly dividend on Monday, April 21st, AR Network reports. Stockholders of record on Friday, May 23rd will be given a dividend of 0.30 per share on Friday, May 30th. This represents a $1.20 dividend on an annualized basis and a yield of 7.15%. The ex-dividend date of this dividend is Wednesday, May 21st.

On the ratings front, analysts at Bank of America downgraded shares of ClearBridge American Energy MLP Fund from a “buy” rating to a “neutral” rating in a research note on Friday, February 14th.

ClearBridge American Energy MLP Fund (NYSE:CBA) opened at 16.78 on Monday. ClearBridge American Energy MLP Fund has a 52-week low of $15.90 and a 52-week high of $21.78. The stock has a 50-day moving average of $16.42 and a 200-day moving average of $17.57.

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