Tortoise Power & Energy Infrstrct Fd Inc (TPZ) Declares Monthly Dividend of $0.13

Tortoise Power & Energy Infrstrct Fd Inc (NYSE:TPZ) announced a monthly dividend on Tuesday, August 8th, Wall Street Journal reports. Investors of record on Tuesday, October 24th will be paid a dividend of 0.125 per share by the investment management company on Tuesday, October 31st. This represents a $1.50 annualized dividend and a dividend yield of 7.56%. The ex-dividend date of this dividend is Monday, October 23rd.

Tortoise Power & Energy Infrstrct Fd has increased its dividend by an average of 0.6% annually over the last three years.

Shares of Tortoise Power & Energy Infrstrct Fd (NYSE:TPZ) traded up 0.81% during mid-day trading on Friday, hitting $19.85. The company had a trading volume of 58,095 shares. Tortoise Power & Energy Infrstrct Fd has a 1-year low of $19.68 and a 1-year high of $23.46. The company has a 50-day moving average price of $20.80 and a 200-day moving average price of $21.76.

COPYRIGHT VIOLATION NOTICE: This report was published by BNB Daily and is the sole property of of BNB Daily. If you are accessing this report on another site, it was copied illegally and reposted in violation of United States & international copyright law. The correct version of this report can be viewed at https://www.baseball-news-blog.com/2017/08/19/tortoise-power-energy-infrstrct-fd-inc-tpz-announces-0-13-monthly-dividend-updated.html.

Tortoise Power & Energy Infrstrct Fd Company Profile

Tortoise Power and Energy Infrastructure Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income. The Fund’s secondary objective is capital appreciation. It seeks to invest primarily in fixed income and dividend-paying equity securities of power and energy infrastructure companies.

Dividend History for Tortoise Power & Energy Infrstrct Fd (NYSE:TPZ)

Receive News & Ratings for Tortoise Power & Energy Infrstrct Fd Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tortoise Power & Energy Infrstrct Fd Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply