Press coverage about Tortoise Power & Energy Infrstrct Fd (NYSE:TPZ) has trended positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tortoise Power & Energy Infrstrct Fd earned a daily sentiment score of 0.26 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 47.9176230719385 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of NYSE TPZ opened at $17.91 on Friday. Tortoise Power & Energy Infrstrct Fd has a 1-year low of $17.51 and a 1-year high of $23.38.
The firm also recently announced a monthly dividend, which will be paid on Thursday, May 31st. Investors of record on Thursday, May 24th will be issued a $0.125 dividend. The ex-dividend date is Wednesday, May 23rd. This represents a $1.50 dividend on an annualized basis and a dividend yield of 8.38%.
About Tortoise Power & Energy Infrstrct Fd
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.
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