TORTOISE PIPELI/COM (NYSE:TTP) Declares Quarterly Dividend of $0.29
TORTOISE PIPELI/COM (NYSE:TTP) announced a quarterly dividend on Thursday, August 8th, NASDAQ reports. Stockholders of record on Friday, August 23rd will be paid a dividend of 0.285 per share by the investment management company on Friday, August 30th. This represents a $1.14 annualized dividend and a dividend yield of 8.78%. The ex-dividend date of this dividend is Thursday, August 22nd.
TORTOISE PIPELI/COM has decreased its dividend by an average of 3.3% annually over the last three years.
Shares of NYSE TTP opened at $12.99 on Wednesday. TORTOISE PIPELI/COM has a fifty-two week low of $11.34 and a fifty-two week high of $19.40. The stock’s 50-day simple moving average is $14.00 and its 200-day simple moving average is $14.66.
Tortoise Pipeline & Energy Fund, Inc is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products.
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