Previous 10 | Next 10 |
President Biden supports raising the corporate tax rate from 21% to 28%, and the Biden Administration has also proposed raising the income tax rate for the highest earners from 37% to 39.6% and increasing the rate on capital gains and dividends from 20% to 39.6% for those with annual inco...
ClearBridge MLP and Midstream Fund (CEM) declares $0.48/share quarterly dividend, 1.1% increase from prior dividend of $0.47.Forward yield 7.4%Payable May 28; for shareholders of record May 21; ex-div May 20.See CEM Dividend Scorecard, Yield Chart, & Dividend Growth. For further details...
Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the month of May 2021. The following dates apply to the distribution schedule below: The increased distribution rates better align with each Fund’s ca...
Cost management and asset optimization helped partially offset macro headwinds in 2020, contributing to stable EBITDA and allowing excess cash flow to be used for debt reduction and in some cases, buybacks. While controlling costs helped many companies navigate market headwinds, some ...
Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 8.33% last month. The index has increased by 100.36% since last March. The current yield on MLPs stands at 9.04%. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color...
In March 2020, our suggestion was simple: Dump all your mega-caps holdings and buy the most beaten-up stuff. We thought that everything would do well (and it did), but we were almost certain that after losing 60%-90% of their value, smaller caps offer an opportunity of a lifetime. ...
Private equity activity in midstream has served as a catalyst for the space in the past, and a more stable macro environment could lead to additional transactions in 2021 after a relatively quiet 2020. Thus far in 2021, there have been some examples of private equity purchasing non-co...
ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of March 31, 2021. As of March 31, 2021, the Fund’s net assets were $370.5 million, and its net a...
One of the potential tailwinds for midstream in 2021 relative to past recoveries is the proliferation of buyback programs supported by expectations for robust free cash flow generation this year. Since Alerian's last buyback note in November, Pembina Pipeline (PPL CN) formally announc...
Crude oil prices reached a nearly 14-month high as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed not to increase oil output in April. Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 8.02% last month. The curren...
News, Short Squeeze, Breakout and More Instantly...
ClearBridge MLP and Midstream Fund Inc. Company Name:
CEM Stock Symbol:
NYSE Market:
ClearBridge MLP and Midstream Fund Inc. (NYSE: CEM) announced today the unaudited statement of assets and liabilities, the net asset value and asset coverage ratio of the Fund as of April 30, 2024. As of April 30, 2024, the Fund’s net assets were $649.6 million, and its net asset value...
Franklin Templeton Fund Adviser, LLC announced today that certain closed end funds have declared their distributions for the month of May 2024. The following dates apply to the distribution schedule below: The distributions may be treated as dividend income, return of capital or a combina...
ClearBridge MLP and Midstream Fund Inc. (the “Fund”) (NYSE: CEM) announced today the results of the votes cast at the Fund’s annual meeting of stockholders held April 12, 2024. Nisha Kumar was elected as a Class II Director of the Fund by holders of record of the Fund...