Fiduciary/Claymore MLP Opportunity Fund (FMO) to Issue Quarterly Dividend of $0.32 on February 28th

Posted by Max Byerly on Feb 9th, 2019 // No Comments

Fiduciary/Claymore MLP Opportunity Fund (NYSE:FMO) declared a quarterly dividend on Monday, February 4th, Wall Street Journal reports. Shareholders of record on Friday, February 15th will be paid a dividend of 0.3231 per share by the investment management company on Thursday, February 28th. This represents a $1.29 annualized dividend and a yield of 12.61%. The ex-dividend date is Thursday, February 14th. This is a boost from Fiduciary/Claymore MLP Opportunity Fund’s previous quarterly dividend of $0.32.

Fiduciary/Claymore MLP Opportunity Fund has decreased its dividend payment by an average of 6.5% annually over the last three years.

Shares of NYSE FMO opened at $10.25 on Friday. Fiduciary/Claymore MLP Opportunity Fund has a 52-week low of $8.24 and a 52-week high of $13.90.

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About Fiduciary/Claymore MLP Opportunity Fund

Fiduciary/Claymore MLP Opportunity Fund is a closed ended equity mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. It is co-managed by Advisory Research, Inc The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating diversified gas infrastructure, midstream oil infrastructure, propane, oil and gas production, coal and marine transportation sectors.