Tortoise Energy Infrastructure Corporation (TYG) To Go Ex-Dividend on August 24th

Tortoise Energy Infrastructure Corporation (NYSE:TYG) declared a monthly dividend on Tuesday, May 12th. Investors of record on Monday, August 24th will be given a dividend of 0.475 per share by the financial services provider on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date is Monday, August 24th.

Tortoise Energy Infrastructure Trading Down 0.1%

TYG stock opened at $44.74 on Friday. The business’s fifty day simple moving average is $43.26 and its two-hundred day simple moving average is $45.91. Tortoise Energy Infrastructure has a twelve month low of $40.35 and a twelve month high of $51.18.

About Tortoise Energy Infrastructure

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.