Dividend Flows Summary: $0.20 dividends are now a reality for ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) shareholders. Here’s why.

Dividend Flows Summary: $0.20 dividends are now a reality for ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) shareholders. Here's why.

ClearBridge American Energy MLP Fund Inc. (NYSE:CBA) is expected to pay $0.20 on Nov 25, 2016. The indicated annual dividend is $0.80. Shareholders owning the stock before Nov 16, 2016 will be eligible to receive the payout. Based on ClearBridge American Energy MLP Fund Inc.’s current price of $8.63, the dividend is 2.32%. This dividend’s record date is Nov 18, 2016 and the announcement date is Oct 25, 2016. The stock increased 0.12% or $0.01 on November 14, hitting $8.63. ClearBridge American Energy MLP Fund Inc (NYSE:CBA) has risen 21.38% since April 13, 2016 and is uptrending. It has outperformed by 17.45% the S&P500.

ClearBridge American Energy MLP Fund Inc. is a non-diversified, closed-end management investment company. The company has a market cap of $503.30 million. The Fund’s investment objective is to provide a high level of total return, with an equal emphasis on current distributions and capital appreciation. It currently has negative earnings. The Fund seeks to achieve its objective by investing primarily in master limited partnerships (MLPs) in the energy sector.

Insitutional Activity: The institutional sentiment increased to 1.07 in 2016 Q2. Its up 0.13, from 0.94 in 2016Q1. The ratio improved, as 2 funds sold all ClearBridge American Energy MLP Fund Inc shares owned while 12 reduced positions. 4 funds bought stakes while 11 increased positions. They now own 8.29 million shares or 1.04% more from 8.20 million shares in 2016Q1.
Hightower Advisors Lc accumulated 173,400 shares or 0.02% of the stock. Moreover, Invesco Limited has 0% invested in ClearBridge American Energy MLP Fund Inc (NYSE:CBA) for 200,021 shares. Moreover, Ladenburg Thalmann Financial has 0% invested in ClearBridge American Energy MLP Fund Inc (NYSE:CBA) for 819 shares. First Allied Advisory accumulated 14,456 shares or 0.01% of the stock. Guggenheim Capital Ltd Liability holds 0.01% of its portfolio in ClearBridge American Energy MLP Fund Inc (NYSE:CBA) for 245,882 shares. Comml Bank Of America De holds 420,948 shares or 0% of its portfolio. United Cap Fin Advisers Lc reported 10,250 shares or 0% of all its holdings. Invsts Capital Advisory Services, a Massachusetts-based fund reported 15,000 shares. Citigroup Incorporated, a New York-based fund reported 211,787 shares. The Ontario – Canada-based Royal Retail Bank Of Canada has invested 0% in ClearBridge American Energy MLP Fund Inc (NYSE:CBA). The Illinois-based Department Mb Savings Bank N A has invested 0% in ClearBridge American Energy MLP Fund Inc (NYSE:CBA). Raymond James Associates has 50,085 shares for 0% of their US portfolio. The California-based Wells Fargo & Mn has invested 0% in ClearBridge American Energy MLP Fund Inc (NYSE:CBA). Advisors Asset accumulated 1.33M shares or 0.19% of the stock. Fifth Third National Bank & Trust has invested 0% of its portfolio in ClearBridge American Energy MLP Fund Inc (NYSE:CBA).

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