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.
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