Tortoise Energy Infrastructure Corporation (NYSE:TYG – Get Free Report) declared a monthly dividend on Friday, February 27th. Investors of record on Friday, May 22nd will be paid a dividend of 0.475 per share by the financial services provider on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 12.1%. The ex-dividend date is Friday, May 22nd.
Tortoise Energy Infrastructure Price Performance
TYG stock opened at $46.97 on Wednesday. Tortoise Energy Infrastructure has a 12 month low of $39.93 and a 12 month high of $51.18. The firm has a 50 day moving average of $48.29 and a two-hundred day moving average of $45.65.
Tortoise Energy Infrastructure Company Profile
Tortoise Energy Infrastructure Corp. (NYSE: TYG) is a closed-end management investment company that focuses on investing in energy infrastructure companies. Organized as a business development company under the Investment Company Act of 1940, it primarily acquires and manages a diversified portfolio of debt and equity securities issued by publicly traded and private energy infrastructure businesses. The company seeks to generate current income and long-term capital appreciation through selective investments across the energy value chain.
The firm’s investment strategy emphasizes midstream infrastructure, including pipeline transportation, storage, processing facilities, and terminals.
Recommended Stories
- Five stocks we like better than Tortoise Energy Infrastructure
- Block’s Pivot to Profits and AI Is Turning Heads
- HIVE Weaponizes Power for an AI Pivot
- A Deep Dive Into NVIDIA’s Latest Portfolio Moves
- Brady Corp Wires Up a Massive AI-Powered Breakout
Receive News & Ratings for Tortoise Energy Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tortoise Energy Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.
