Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ – Get Free Report) declared a monthly dividend on Tuesday, September 10th, Wall Street Journal reports. Shareholders of record on Monday, September 23rd will be paid a dividend of 0.105 per share by the investment management company on Monday, September 30th. This represents a $1.26 dividend on an annualized basis and a yield of 6.91%. The ex-dividend date of this dividend is Monday, September 23rd.
Tortoise Power and Energy Infrastructure Fund has raised its dividend payment by an average of 8.9% annually over the last three years.
Tortoise Power and Energy Infrastructure Fund Price Performance
Shares of NYSE TPZ opened at $18.23 on Friday. The business’s 50 day moving average price is $17.43 and its two-hundred day moving average price is $16.12. Tortoise Power and Energy Infrastructure Fund has a twelve month low of $12.76 and a twelve month high of $18.52.
Tortoise Power and Energy Infrastructure Fund Company Profile
Tortoise Power and Energy Infrastructure Fund, Inc is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors.
See Also
- Five stocks we like better than Tortoise Power and Energy Infrastructure Fund
- Comparing and Trading High PE Ratio Stocks
- 3 Stocks That Could Rise on European Bank Interest Rate Cuts
- About the Markup Calculator
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- What is the FTSE 100 index?
- MarketBeat Week in Review – 9/16 – 9/20
Receive News & Ratings for Tortoise Power and Energy Infrastructure Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tortoise Power and Energy Infrastructure Fund and related companies with MarketBeat.com's FREE daily email newsletter.
