Fiduciary/Claymore MLP Opportunity Fund (FMO) To Go Ex-Dividend on May 11th

Fiduciary/Claymore MLP Opportunity Fund (FMO) To Go Ex-Dividend on May 11th

Fiduciary/Claymore MLP Opportunity Fund (NYSE:FMO) declared a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Monday, May 15th will be given a dividend of 0.4308 per share by the investment management company on Wednesday, May 31st. This represents a $1.72 annualized dividend and a yield of 11.31%. The ex-dividend date is Thursday, May 11th.

Fiduciary/Claymore MLP Opportunity Fund has raised its dividend by an average of 2.0% annually over the last three years.

Shares of Fiduciary/Claymore MLP Opportunity Fund (NYSE:FMO) traded up 0.26% on Friday, hitting $15.24. 126,166 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $15.46 and its 200 day moving average is $15.59. Fiduciary/Claymore MLP Opportunity Fund has a 12 month low of $12.13 and a 12 month high of $17.63.

Fiduciary/Claymore MLP Opportunity Fund Company Profile

Fiduciary/Claymore MLP Opportunity Fund (the Fund) is a non-diversified and closed-end management investment company. The Fund’s investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders. The Fund seeks to provide an efficient vehicle through, which its shareholders may invest in a portfolio of publicly traded securities of master limited partnerships (MLPs) and MLP affiliates.

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