SmarterDividends
EMO

ClearBridge Energy Midstream Opportunity Fund (EMO) Dividend

ClearBridge Energy Midstream Opportunity Fund Inc · Financial Services · Asset Management · monthly payer

$50.14

Undervalued · +102% Add to Portfolio

As of Nov 5, 2026, ClearBridge Energy Midstream Opportunity Fund (EMO) pays a monthly dividend, or $4.42 a year, a 8.76% yield at its $50.14 share price. The next ex-dividend date is Nov 20, 2026, paid Dec 4, 2026. It has a dividend safety grade of C.

Forward Yield

8.76%

Annual Dividend

$4.42

Payout Ratio

39%

5-Yr Growth

1.9%

Ex-Date

Nov 20, 2026

Frequency

Monthly

Key facts about EMO's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, ClearBridge Energy Midstream Opportunity Fund Inc (EMO) has a forward dividend yield of 8.76%, based on an annual dividend of $4.42 per share and a share price of $50.14.
  • As of Nov 5, 2026, EMO's dividend safety grade from SmarterDividends is C (63 out of 100), which rates the dividend as borderline.
  • EMO last cut its regular dividend in 2020.
  • EMO's next ex-dividend date is Nov 20, 2026, with payment on Dec 4, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 5, 2026, EMO pays out 39% of its trailing 12-month earnings as dividends (its payout ratio).
  • EMO's dividend has grown at an average rate of 1.9% a year over the past five years.
  • As of Nov 5, 2026, EMO's 8.76% yield is 15% above its five-year average yield of 7.62%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for EMO is $101.24 per share, 102% above the $50.14 share price, so EMO screens as undervalued.
  • ClearBridge Energy Midstream Opportunity Fund Inc (EMO) pays its dividend monthly, 12 times a year.
  • ClearBridge Energy Midstream Opportunity Fund Inc (EMO) has raised its regular dividend 21 times and cut it 4 times across the 79 payments on record since 2011. Its most recent change was a 13.9% increase to $0.410 per share, going ex-dividend on Sep 23, 2026. The last cut went ex-dividend on Sep 23, 2024.
Cite this page

SmarterDividends, "EMO Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/EMO

Is EMO a good dividend stock?

Yes, with caveats

ClearBridge Energy Midstream Opportunity Fund Inc (EMO) pays a monthly dividend yielding 8.76% ($4.42/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (39%)
  • 151% total price return over 5 years

Risks

  • Cut its dividend in 2020
  • Very high yield can signal elevated risk

Key Data

Dividend Yield
8.76%
Payout Ratio
39%
Annual Dividend
$4.42
5-Yr Avg Growth
1.9%
Ex-Dividend Date
Nov 20, 2026
Years of Growth
1
Frequency
monthly
Beta
—
Market Cap
$1.0B
P/E Ratio
4.6
5-Yr Total Return
151%
52-Week Range
$41.54 – $56.33
Dividend Safety
C · 63/100
Ever Cut?
Yes (2020)

EMO dividend raises and cuts

ClearBridge Energy Midstream Opportunity Fund Inc (EMO) has raised its regular dividend 21 times and cut it 4 times across the 79 payments on record since 2011. Its most recent change was a 13.9% increase to $0.410 per share, going ex-dividend on Sep 23, 2026. The last cut went ex-dividend on Sep 23, 2024.

Ex-dateChangeOld → newMove
Sep 23, 2026Raise$0.360 → $0.410+13.9%
Sep 23, 2025Raise$0.353 → $0.360+2.1%
Mar 24, 2025Raise$0.323 → $0.353+9.1%
Sep 23, 2024Cut$0.656 → $0.323−50.7%
Feb 21, 2024Raise$0.637 → $0.656+3.1%
Aug 23, 2023Raise$0.529 → $0.637+20.4%
May 22, 2023Raise$0.519 → $0.529+1.9%
Feb 17, 2023Raise$0.509 → $0.519+1.9%
Nov 21, 2022Raise$0.500 → $0.509+2.0%
Aug 23, 2022Raise$0.490 → $0.500+2.0%
May 20, 2022Raise$0.382 → $0.490+28.2%
Feb 17, 2022Raise$0.372 → $0.382+2.6%
Show all 25 changes since 2012
Ex-dateChangeOld → newMove
May 20, 2021Raise$0.318 → $0.372+16.9%
May 20, 2020Cut$1.13 → $0.318−71.7%
Feb 14, 2019Cut$1.57 → $1.13−28.1%
Feb 17, 2016Cut$1.93 → $1.57−19.0%
Nov 18, 2015Raise$1.89 → $1.93+2.6%
Aug 19, 2015Raise$1.79 → $1.89+5.5%
May 20, 2015Raise$1.76 → $1.79+1.4%
Feb 18, 2015Raise$1.74 → $1.76+1.4%
Nov 19, 2014Raise$1.71 → $1.74+1.4%
Aug 20, 2014Raise$1.69 → $1.71+1.4%
Nov 20, 2013Raise$1.67 → $1.69+1.5%
Feb 13, 2013Raise$1.64 → $1.67+1.5%
May 16, 2012Raise$1.62 → $1.64+1.5%
Every EMO payment →Download every raise and cut (CSV)
EMO ex-dividend date & scheduleNext ex-date Nov 20, 2026 · full ex-dividend historyView →EMO dividend historyEvery payment, totals by year, raises and cutsView →EMO dividend calculator100 shares pay $442.00 a year, $36.83 each monthCalculate →EMO total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is EMO a good dividend stock?

Yes, with caveats. ClearBridge Energy Midstream Opportunity Fund Inc (EMO) pays a monthly dividend yielding 8.76% ($4.42/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is EMO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, EMO's fair value is about $101.24 versus a $50.14 share price — so it looks undervalued (+102% vs. fair value).

Is EMO's dividend safe?

EMO has a dividend-safety grade of C (63/100), based on its payout coverage, free-cash-flow, 1-year growth streak, a dividend cut in 2020, debt and yield-versus-history.

What is EMO's fair value?

Our blended fair-value estimate for EMO is about $101.24 per share, roughly 102% above the current $50.14 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is EMO a buy, hold, or sell?

We don't issue formal ratings, but on the data EMO screens as "yes, with caveats" and undervalued. ClearBridge Energy Midstream Opportunity Fund Inc (EMO) pays a monthly dividend yielding 8.76% ($4.42/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will EMO cut its dividend?

EMO earns a dividend-safety grade of C (63/100), and has cut its dividend before (last in 2020). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does EMO pay a dividend?

Yes. ClearBridge Energy Midstream Opportunity Fund Inc pays a monthly dividend of about $4.42 per share annually, a forward yield of roughly 8.76%.

How much dividend does 100 shares of EMO pay?

At $4.42 per share a year, 100 shares of EMO pay $442.00 a year in dividends before tax, about $36.83 each month. Buying them costs about $5,014 at the Nov 5, 2026 price.

What is EMO's dividend yield?

As of Nov 5, 2026, EMO's forward dividend yield is 8.76%, based on a $4.42 annual dividend and a $50.14 share price.

What is EMO's dividend per share?

As of Nov 5, 2026, EMO pays $4.42 per share per year, distributed on a monthly basis.

What is EMO's dividend payout ratio?

As of Nov 5, 2026, EMO's payout ratio is 39% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has EMO grown its dividend?

As of Nov 5, 2026, EMO has increased its dividend for 1 consecutive years.

When is the next EMO ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for EMO is Nov 20, 2026.

Income Calculator

At $4.42 / yr per share

Per payment (monthly)$36.83
Annual$442.00
Monthly avg$36.83
Full EMO dividend calculator →

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