Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ – Get Free Report) declared a monthly dividend on Monday, November 4th, NASDAQ reports. Shareholders of record on Friday, November 22nd will be given a dividend of 0.105 per share by the investment management company on Friday, November 29th. This represents a $1.26 dividend on an annualized basis and a yield of 6.64%. The ex-dividend date is Friday, November 22nd.
Tortoise Power and Energy Infrastructure Fund has raised its dividend by an average of 8.9% annually over the last three years.
Tortoise Power and Energy Infrastructure Fund Stock Performance
Shares of NYSE:TPZ opened at $18.99 on Wednesday. The business has a fifty day moving average of $18.44 and a 200-day moving average of $16.88. Tortoise Power and Energy Infrastructure Fund has a twelve month low of $13.14 and a twelve month high of $19.09.
About Tortoise Power and Energy Infrastructure Fund
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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