ClearBridge Energy MLP Fund Inc (NYSE:CEM) Director Carol L. Colman bought 2,000 shares of the company’s stock in a transaction on Monday, March 12th. The shares were acquired at an average price of $14.48 per share, with a total value of $28,960.00. Following the completion of the acquisition, the director now directly owns 8,120 shares in the company, valued at approximately $117,577.60. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.
ClearBridge Energy MLP Fund Inc (CEM) traded up $0.19 during trading hours on Monday, reaching $14.51. 170,617 shares of the company’s stock traded hands, compared to its average volume of 270,863. ClearBridge Energy MLP Fund Inc has a 52-week low of $12.10 and a 52-week high of $17.36.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Shareholders of record on Friday, February 16th were issued a dividend of $0.355 per share. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $1.42 annualized dividend and a yield of 9.79%.
TRADEMARK VIOLATION WARNING: This report was reported by American Banking News and is the property of of American Banking News. If you are viewing this report on another domain, it was illegally stolen and reposted in violation of United States & international copyright & trademark legislation. The correct version of this report can be viewed at https://www.americanbankingnews.com/2018/03/12/clearbridge-energy-mlp-fund-inc-cem-director-carol-l-colman-acquires-2000-shares.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.
Receive News & Ratings for ClearBridge Energy MLP Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ClearBridge Energy MLP Fund and related companies with MarketBeat.com's FREE daily email newsletter.