ClearBridge MLP and Midstream Total Return Fund - CTR Stock Forecast, Price & News

ClearBridge MLP and Midstream Total Return Fund's stock was trading at $28.27 at the beginning of 2023. Since then, CTR stock has decreased by 6.5% and is now trading at $26.43.
View the best growth stocks for 2023 here.

ClearBridge MLP and Midstream Total Return Fund saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 7,700 shares, an increase of 381.3% from the February 13th total of 1,600 shares. Based on an average daily volume of 20,800 shares, the days-to-cover ratio is presently 0.4 days.
View ClearBridge MLP and Midstream Total Return Fund's Short Interest.

ClearBridge MLP and Midstream Total Return Fund declared a quarterly dividend on Monday, January 23rd. Investors of record on Tuesday, February 21st will be given a dividend of $0.55 per share on Tuesday, February 28th. This represents a $2.20 annualized dividend and a dividend yield of 8.32%. The ex-dividend date of this dividend is Friday, February 17th. This is an increase from the stock's previous quarterly dividend of $0.54.
Read our dividend analysis for CTR.

Saba Closed-End Funds ETF holds 187,434 shares of CTR stock, representing 11.88% of its portfolio.

ClearBridge MLP and Midstream Total Return Fund (NYSE:CTR) pays an annual dividend of $2.14 per share and currently has a dividend yield of 0.11%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 157.35%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CTR.

ClearBridge MLP and Midstream Total Return 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 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.

Based on aggregate information from My MarketBeat watchlists, some companies that other ClearBridge MLP and Midstream Total Return Fund investors own include Intel (INTC), Marathon Petroleum (MPC), PacWest Bancorp (PACW), Putnam Master Intermediate Income Trust (PIM), Walgreens Boots Alliance (WBA), Exxon Mobil (XOM), abrdn Global Premier Properties Fund (AWP), Blackrock Resources & Commodities Strategy Trust (BCX) and Bank of Nova Scotia (BNS).

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

ClearBridge MLP and Midstream Total Return Fund's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), Raymond James Financial Services Advisors Inc. (0.00%), Almitas Capital LLC (0.00%), Morgan Stanley (0.00%), Wells Fargo & Company MN (0.00%) and Commonwealth Equity Services LLC (0.00%). Insiders that own company stock include Carol L Colman and Franklin Resources Inc.
View institutional ownership trends.

Shares of CTR 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 CTR stock can currently be purchased for approximately $26.43.

ClearBridge MLP and Midstream Total Return Fund's mailing address is 620 8th Ave, 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.