Tortoise Power & Energy Infrstrct Fd Inc to Issue Monthly Dividend of $0.13 (NYSE:TPZ)

Tortoise Power & Energy Infrstrct Fd Inc (NYSE:TPZ) declared a monthly dividend on Thursday, February 13th, Wall Street Journal reports. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.125 per share by the investment management company on Tuesday, March 31st. This represents a $1.50 dividend on an annualized basis and a yield of 9.07%. The ex-dividend date of this dividend is Monday, March 23rd.

NYSE:TPZ traded down $0.09 during trading on Thursday, reaching $16.54. The company’s stock had a trading volume of 33,624 shares, compared to its average volume of 25,521. The firm has a 50 day moving average of $17.03 and a 200-day moving average of $17.20. Tortoise Power & Energy Infrstrct Fd has a 12 month low of $15.41 and a 12 month high of $19.69.

Tortoise Power & Energy Infrstrct Fd 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.

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Dividend History for Tortoise Power & Energy Infrstrct Fd (NYSE:TPZ)

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