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

Tortoise Power & Energy Infrstrct Fd Inc (NYSE:TPZ) declared a monthly dividend on Friday, February 14th, Wall Street Journal reports. Shareholders of record on Friday, May 22nd will be given a dividend of 0.125 per share by the investment management company on Friday, May 29th. This represents a $1.50 dividend on an annualized basis and a yield of 9.05%. The ex-dividend date of this dividend is Thursday, May 21st.

Tortoise Power & Energy Infrstrct Fd stock traded up $0.03 during midday trading on Friday, reaching $16.57. The company’s stock had a trading volume of 42,091 shares, compared to its average volume of 26,055. Tortoise Power & Energy Infrstrct Fd has a 52 week low of $15.41 and a 52 week high of $19.69. The business has a 50-day moving average price of $17.01 and a 200-day moving average price of $17.19.

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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