ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) announced a quarterly dividend on Tuesday, January 23rd, Wall Street Journal reports. Shareholders of record on Friday, February 16th will be given a dividend of 0.20 per share by the investment management company on Thursday, March 1st. This represents a $0.80 annualized dividend and a yield of 9.25%. The ex-dividend date of this dividend is Thursday, February 15th.

ClearBridge American Energy MLP Fund has decreased its dividend payment by an average of 12.8% annually over the last three years.

Shares of ClearBridge American Energy MLP Fund (NYSE CBA) opened at $8.65 on Wednesday. ClearBridge American Energy MLP Fund has a 52-week low of $6.94 and a 52-week high of $10.54.

In related news, insider Chris Eades acquired 3,140 shares of the stock in a transaction on Monday, December 11th. The stock was bought at an average cost of $8.01 per share, with a total value of $25,151.40. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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ClearBridge American Energy MLP Fund Company Profile

ClearBridge American 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 equal emphasis on current distributions and capital appreciation. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.

Dividend History for ClearBridge American Energy MLP Fund (NYSE:CBA)

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