Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Plans Quarterly Dividend of $0.63

Tortoise Energy Independence Fund, Inc. (NYSE:NDP) announced a quarterly dividend on Monday, November 4th,NASDAQ Dividends reports. Stockholders of record on Friday, November 22nd will be paid a dividend of 0.63 per share on Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 5.68%. The ex-dividend date is Friday, November 22nd.

Tortoise Energy Independence Fund has increased its dividend payment by an average of 46.6% annually over the last three years.

Tortoise Energy Independence Fund Trading Up 1.5 %

Tortoise Energy Independence Fund stock opened at $44.35 on Thursday. The stock has a fifty day moving average of $39.81 and a 200 day moving average of $37.00. Tortoise Energy Independence Fund has a one year low of $27.38 and a one year high of $44.42.

Tortoise Energy Independence Fund Company Profile

Tortoise Energy Independence Fund, Inc is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC The fund invests in the public equity markets of the North American. It seeks to invest primarily in the energy sector. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio.