Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $23.89 and traded as high as $24.86. Tortoise Pipeline & Energy Fund shares last traded at $24.83, with a volume of 9,395 shares trading hands.
The company’s 50 day moving average price is $25.07 and its 200 day moving average price is $23.89.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 30th. Stockholders of record on Tuesday, November 23rd will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 5.96%. The ex-dividend date is Monday, November 22nd.
Tortoise Pipeline & Energy Fund Company Profile (NYSE:TTP)
Tortoise Pipeline & Energy Fund, Inc is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products.
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