ClearBridge Energy MLP Fund Inc (NYSE:CEM) declared a quarterly dividend on Tuesday, November 14th, Wall Street Journal reports. Investors of record on Friday, November 24th will be paid a dividend of 0.355 per share by the investment management company on Thursday, November 30th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.97%. The ex-dividend date of this dividend is Wednesday, November 22nd.

ClearBridge Energy MLP Fund has decreased its dividend by an average of 3.1% per year over the last three years.

Shares of ClearBridge Energy MLP Fund (CEM) traded down $0.32 during midday trading on Tuesday, hitting $12.94. The company had a trading volume of 518,600 shares, compared to its average volume of 203,562. ClearBridge Energy MLP Fund has a 52 week low of $12.87 and a 52 week high of $17.96.

TRADEMARK VIOLATION NOTICE: This piece was first published by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international copyright and trademark laws. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2017/11/14/clearbridge-energy-mlp-fund-inc-cem-to-issue-quarterly-dividend-of-0-36.html.

ClearBridge Energy MLP Fund Company Profile

ClearBridge Energy MLP Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.

Dividend History for ClearBridge Energy MLP Fund (NYSE:CEM)

Receive News & Ratings for ClearBridge Energy MLP Fund Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearBridge Energy MLP Fund Inc and related companies with MarketBeat.com's FREE daily email newsletter.