Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ – Get Free Report) announced a monthly dividend on Tuesday, September 10th, Wall Street Journal reports. Investors of record on Monday, September 23rd will be given a dividend of 0.105 per share by the investment management company on Monday, September 30th. This represents a $1.26 annualized dividend and a yield of 6.91%. The ex-dividend date is Monday, September 23rd.
Tortoise Power and Energy Infrastructure Fund has increased its dividend by an average of 8.9% annually over the last three years.
Tortoise Power and Energy Infrastructure Fund Stock Down 0.3 %
NYSE TPZ opened at $18.23 on Friday. The business’s fifty day moving average is $17.43 and its two-hundred day moving average is $16.11. Tortoise Power and Energy Infrastructure Fund has a 1 year low of $12.76 and a 1 year high of $18.52.
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.
Further Reading
- Five stocks we like better than Tortoise Power and Energy Infrastructure Fund
- The Basics of Support and Resistance
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- 5 Top Rated Dividend Stocks to Consider
- MarketBeat Week in Review – 9/16 – 9/20
- Stock Market Sectors: What Are They and How Many Are There?
- Don’t Miss These 3 Retail Stocks for Fall Gains
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.
