ClearBridge Energy MLP Fund Inc (NYSE:CEM) Director Carol L. Colman acquired 2,000 shares of the company’s stock in a transaction that occurred on Monday, March 12th. The shares were bought at an average price of $14.48 per share, with a total value of $28,960.00. Following the transaction, the director now owns 8,120 shares in the company, valued at approximately $117,577.60. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of ClearBridge Energy MLP Fund Inc (CEM) opened at $14.55 on Wednesday. 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 declared a quarterly dividend, which was paid on Thursday, March 1st. Shareholders of record on Friday, February 16th were issued a $0.355 dividend. This represents a $1.42 annualized dividend and a yield of 9.76%. The ex-dividend date of this dividend was Thursday, February 15th.
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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.
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