Somewhat Positive News Coverage Somewhat Unlikely to Impact ClearBridge Energy MLP Fund (CEM) Stock Price

News articles about ClearBridge Energy MLP Fund (NYSE:CEM) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. ClearBridge Energy MLP Fund earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 46.6003138101581 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of ClearBridge Energy MLP Fund stock opened at $14.87 on Wednesday. ClearBridge Energy MLP Fund has a 12 month low of $14.68 and a 12 month high of $14.83.

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 31st. Stockholders of record on Thursday, May 24th will be paid a dividend of $0.355 per share. The ex-dividend date is Wednesday, May 23rd. This represents a $1.42 annualized dividend and a dividend yield of 9.55%.

In other news, Director Carol L. Colman purchased 5,000 shares of the business’s stock in a transaction dated Thursday, March 8th. The shares were purchased at an average price of $14.15 per share, for a total transaction of $70,750.00. Following the completion of the purchase, the director now owns 6,120 shares in the company, valued at approximately $86,598. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director Carol L. Colman purchased 2,000 shares of the business’s stock in a transaction dated Monday, March 12th. The shares were purchased at an average price of $14.48 per share, for a total transaction of $28,960.00. Following the purchase, the director now owns 8,120 shares of the company’s stock, valued at approximately $117,577.60. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 14,000 shares of company stock worth $203,030.

About ClearBridge Energy MLP Fund

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.

Insider Buying and Selling by Quarter for ClearBridge Energy MLP Fund (NYSE:CEM)

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