ClearBridge MLP and Midstream Fund (CEM) Stock Forecast, Price & News

ClearBridge MLP and Midstream Fund's stock was trading at $33.36 at the beginning of 2023. Since then, CEM shares have decreased by 1.1% and is now trading at $32.99.
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ClearBridge MLP and Midstream Fund saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,500 shares, an increase of 177.8% from the April 30th total of 900 shares. Based on an average daily trading volume, of 30,200 shares, the days-to-cover ratio is presently 0.1 days.
View ClearBridge MLP and Midstream Fund's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023.
View our CEM earnings forecast.

ClearBridge MLP and Midstream Fund announced a quarterly dividend on Thursday, May 11th. Stockholders of record on Tuesday, May 23rd will be given a dividend of $0.64 per share on Wednesday, May 31st. This represents a $2.56 annualized dividend and a dividend yield of 7.76%. The ex-dividend date of this dividend is Monday, May 22nd. This is a boost from the stock's previous quarterly dividend of $0.63.
Read our dividend analysis for CEM.

Amplify High Income ETF holds 298,861 shares of CEM stock, representing 2.86% of its portfolio.

ClearBridge MLP and Midstream Fund (NYSE:CEM) pays an annual dividend of $2.50 per share and currently has a dividend yield of 0.11%.
Read our dividend analysis for CEM.

Shares of ClearBridge MLP and Midstream Fund reverse split before market open on Tuesday, July 28th 2020. The 1-5 reverse split was announced on Tuesday, July 14th 2020. The number of shares owned by shareholders was adjusted after the market closes on Monday, July 27th 2020. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

1 employees have rated ClearBridge MLP and Midstream Fund Chief Executive Officer Francesco Caltagirone Jr. on Glassdoor.com. Francesco Caltagirone Jr. has an approval rating of 100% among the company's employees. This puts Francesco Caltagirone Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other ClearBridge MLP and Midstream Fund investors own include ClearBridge Energy Midstream Opportunity Fund (EMO), Enterprise Products Partners (EPD), AT&T (T), Energy Transfer (ET), Pfizer (PFE), AbbVie (ABBV), Duff & Phelps Utility and Infrastructure Fund (DPG), Duff & Phelps Select MLP and Midstream Energy Fund (DSE), Kinder Morgan (KMI) and Southern (SO).

ClearBridge MLP and Midstream Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "CEM."

ClearBridge MLP and Midstream Fund's stock is owned by a variety of institutional and retail investors. Top institutional investors include Penserra Capital Management LLC (0.00%), Bank of America Corp DE (0.00%), Aristides Capital LLC (0.00%), Terril Brothers Inc. (0.00%), Proficio Capital Partners LLC (0.00%) and Raymond James Financial Services Advisors Inc. (0.00%). Insiders that own company stock include Chris Eades, Daniel P Cronin, Life Insurance Co Of Guardian, Prudential Financial Inc and William R Hutchinson.
View institutional ownership trends.

Shares of CEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CEM stock can currently be purchased for approximately $32.99.

ClearBridge MLP and Midstream Fund's mailing address is 620 8th Ave Fl 49, NEW YORK, NY 10018-1618, United States. The official website for the company is www.leggmason.com. The investment management company can be reached via phone at (888) 777-0102.