NYSE:CEM

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

$46.01
+0.35 (+0.77%)
(As of 05/3/2024 08:52 PM ET)
Today's Range
$45.59
$46.05
50-Day Range
$41.80
$46.37
52-Week Range
$30.70
$46.79
Volume
23,900 shs
Average Volume
35,523 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
5.02%
Price Target
N/A
CEM stock logo

About ClearBridge MLP and Midstream Fund Stock (NYSE:CEM)

ClearBridge Energy MLP Fund Inc. is a closed-ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Clearbridge Advisors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector. The fund primarily invests in equity securities of MLPs and growth stocks of companies operating across diversified market capitalizations. It employs fundamental analysis with a bottom-up stock selection approach, focusing on companies with long-lived assets, predictable cash flows, and low direct commodity exposure to create its portfolio. ClearBridge Energy MLP Fund Inc. was formed on March 31, 2010 and is domiciled in the United States.

CEM Stock Price History

CEM Stock News Headlines

Could Your Accounts Be Frozen?
The US Dollar Is "Finished" A deteriorating economy, global instability, and a weakened banking system have pushed the U.S. financial system to the brink, imperiling the value of your savings and investments.
Could Your Accounts Be Frozen?
The US Dollar Is "Finished" A deteriorating economy, global instability, and a weakened banking system have pushed the U.S. financial system to the brink, imperiling the value of your savings and investments.
ClearBridge Energy Midstream Opportunity Fund
ClearBridge Energy MLP Opportunity Closed Fund (EMO)
ClearBridge MLP and Midstream Fund Inc
CEM ClearBridge MLP and Midstream Fund Inc.
See More Headlines
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Company Calendar

Ex-Dividend for 2/29 Dividend
2/21/2024
Dividend Payable
2/29/2024
Today
5/05/2024
Ex-Dividend for 5/31 Dividend
5/22/2024
Dividend Payable
5/31/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$83.02 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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CEM Stock Analysis - Frequently Asked Questions

How have CEM shares performed in 2024?

ClearBridge MLP and Midstream Fund's stock was trading at $40.09 at the start of the year. Since then, CEM stock has increased by 14.8% and is now trading at $46.01.
View the best growth stocks for 2024 here
.

Are investors shorting ClearBridge MLP and Midstream Fund?

ClearBridge MLP and Midstream Fund saw a decrease in short interest in April. As of April 15th, there was short interest totaling 9,700 shares, a decrease of 23.0% from the March 31st total of 12,600 shares. Based on an average trading volume of 25,000 shares, the days-to-cover ratio is currently 0.4 days.
View ClearBridge MLP and Midstream Fund's Short Interest
.

How often does ClearBridge MLP and Midstream Fund pay dividends? What is the dividend yield for ClearBridge MLP and Midstream Fund?

ClearBridge MLP and Midstream Fund announced a quarterly dividend on Monday, April 29th. Stockholders of record on Thursday, May 23rd will be given a dividend of $0.77 per share on Friday, May 31st. This represents a $3.08 annualized dividend and a dividend yield of 6.69%. The ex-dividend date of this dividend is Wednesday, May 22nd.
Read our dividend analysis for CEM
.

Is ClearBridge MLP and Midstream Fund a good dividend stock?

ClearBridge MLP and Midstream Fund (NYSE:CEM) pays an annual dividend of $2.31 per share and currently has a dividend yield of 0.11%.
Read our dividend analysis for CEM.

What ETF holds ClearBridge MLP and Midstream Fund's stock?

Amplify High Income ETF holds 254,089 shares of CEM stock, representing 2.78% of its portfolio.

When did ClearBridge MLP and Midstream Fund's stock split?

ClearBridge MLP and Midstream Fund shares reverse split 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 closing bell 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.

What is Francesco Caltagirone Jr.'s approval rating as ClearBridge MLP and Midstream Fund's CEO?

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.

What other stocks do shareholders of ClearBridge MLP and Midstream Fund own?
Who are ClearBridge MLP and Midstream Fund's major shareholders?

ClearBridge MLP and Midstream Fund's stock is owned by many different retail and institutional investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (0.00%), Commonwealth Equity Services LLC (0.00%), Blue Bell Private Wealth Management LLC (0.00%) and Janney Montgomery Scott LLC (0.00%). Insiders that own company stock include Daniel P Cronin, Life Insurance Co Of Guardian, Prudential Financial Inc and Saba Capital Management, LP.
View institutional ownership trends
.

How do I buy shares of ClearBridge MLP and Midstream Fund?

Shares of CEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CEM) was last updated on 5/6/2024 by MarketBeat.com Staff

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