Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ – Get Free Report) declared a monthly dividend on Friday, August 9th, NASDAQ reports. Investors of record on Friday, August 23rd will be paid a dividend of 0.105 per share by the investment management company on Friday, August 30th. This represents a $1.26 annualized dividend and a yield of 6.98%. The ex-dividend date of this dividend is Friday, August 23rd.
Tortoise Power and Energy Infrastructure Fund has raised its dividend by an average of 8.9% per year over the last three years.
Tortoise Power and Energy Infrastructure Fund Stock Up 0.6 %
Shares of TPZ opened at $18.05 on Wednesday. The firm’s 50 day moving average price is $16.26 and its 200 day moving average price is $15.51. Tortoise Power and Energy Infrastructure Fund has a twelve month low of $12.76 and a twelve month high of $18.11.
Tortoise Power and Energy Infrastructure Fund 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.
Featured Articles
- Five stocks we like better than Tortoise Power and Energy Infrastructure Fund
- With Risk Tolerance, One Size Does Not Fit All
- 3 Must-Buy Stocks Boosting Value with Buybacks—Act Now
- What is a Low P/E Ratio and What Does it Tell Investors?
- Is Lam Research the Semiconductor Stock You’ve Been Overlooking?
- Using the MarketBeat Stock Split Calculator
- Are Tech Stocks Making a Comeback? 3 Top Picks Leading the Way
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.