Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ – Get Free Report) declared a monthly dividend on Monday, November 4th,NASDAQ Dividends reports. Investors of record on Friday, November 22nd will be paid a dividend of 0.105 per share by the investment management company on Friday, November 29th. This represents a $1.26 dividend on an annualized basis and a yield of 6.18%. The ex-dividend date is Friday, November 22nd.
Tortoise Power and Energy Infrastructure Fund has increased 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 Tortoise Power and Energy Infrastructure Fund stock opened at $20.40 on Thursday. Tortoise Power and Energy Infrastructure Fund has a twelve month low of $13.25 and a twelve month high of $20.48. The company’s fifty day moving average is $18.84 and its 200 day moving average is $17.24.
About Tortoise Power and Energy Infrastructure Fund
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
- What Investors Need to Know About Upcoming IPOs
- Is Biotech’s Bull Run Over? Examining Election Impacts
- What Are Dividend Challengers?
- 3 Stocks Generating a Ridiculous Amount of Cash
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Dividend Growth Meets Chips: Top 3 Semiconductor Stocks to Watch
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.
