Tortoise Power & Energy Infrstrct Fd Inc (NYSE:TPZ) declared a monthly dividend on Wednesday, November 7th, Wall Street Journal reports. Investors of record on Thursday, January 24th will be paid a dividend of 0.125 per share by the investment management company on Thursday, January 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 8.31%. The ex-dividend date is Wednesday, January 23rd.
Shares of NYSE:TPZ opened at $18.04 on Thursday. Tortoise Power & Energy Infrstrct Fd has a 12 month low of $17.16 and a 12 month high of $21.51.
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Tortoise Power and Energy Infrastructure Fund, Inc is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors.
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