Tortoise Pipeline and Energy Fund Inc (NYSE:TTP) declared a quarterly dividend on Monday, February 12th, Wall Street Journal reports. Stockholders of record on Wednesday, February 21st will be given a dividend of 0.4075 per share by the investment management company on Wednesday, February 28th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 8.79%. The ex-dividend date is Tuesday, February 20th.
Tortoise Pipeline and Energy Fund (NYSE:TTP) opened at $18.55 on Thursday. Tortoise Pipeline and Energy Fund has a one year low of $16.25 and a one year high of $22.02.
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About Tortoise Pipeline and Energy Fund
Tortoise Pipeline & Energy Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek a high level of total return with an emphasis on current distributions. The Fund invests primarily in equity securities of North American pipeline companies that transport natural gas, natural gas liquids (NGLs), crude oil and refined products, and in other energy infrastructure companies.
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