Tortoise Energy Infrastructure Corporation (NYSE:TYG – Get Free Report) announced a monthly dividend on Wednesday, August 19th. Investors of record on Friday, October 23rd will be paid a dividend of $0.4750 per share by the financial services provider on Friday, October 30th. This represents a $5.70 dividend on an annualized basis and a dividend yield of 14.9%. The ex-dividend date is Friday, October 23rd.
Tortoise Energy Infrastructure Stock Performance
Shares of Tortoise Energy Infrastructure stock opened at $38.20 on Wednesday. The business has a fifty day simple moving average of $41.63 and a 200-day simple moving average of $43.75. Tortoise Energy Infrastructure has a fifty-two week low of $37.45 and a fifty-two week high of $51.18.
About Tortoise Energy Infrastructure
Tortoise Energy Infrastructure Corp. (NYSE: TYG) is a publicly traded, non-diversified closed-end investment company. The fund seeks to provide investors with total return through a combination of current income and capital appreciation by investing primarily in companies involved in energy infrastructure.
Its portfolio may include master limited partnerships, corporations and other entities that own or operate infrastructure used to transport, store, process or otherwise handle energy commodities.
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