ClearBridge Energy MLP Fund About To Put More Money In Your Pocket (CEM)

Looking at the universe of stocks we cover at Dividend Channel, on 2/19/14, ClearBridge Energy MLP Fund ( CEM) will trade ex-dividend, for its quarterly dividend of $0.405, payable on 2/28/14. As a percentage of CEM's recent stock price of $26.31, this dividend works out to approximately 1.54%, so look for shares of ClearBridge Energy MLP Fund to trade 1.54% lower — all else being equal — when CEM shares open for trading on 2/19/14.

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Below is a dividend history chart for CEM, showing historical dividends prior to the most recent $0.405 declared by ClearBridge Energy MLP Fund:

CEM+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from CEM is likely to continue, and whether the current estimated yield of 6.16% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of CEM shares, versus its 200 day moving average:

ClearBridge Energy MLP Fund 200 Day Moving Average Chart

Looking at the chart above, CEM's low point in its 52 week range is $24.72 per share, with $29.25 as the 52 week high point — that compares with a last trade of $26.31.

In Tuesday trading, ClearBridge Energy MLP Fund shares are currently trading flat on the day.

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