Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Plans — Dividend of $0.18

Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) declared a — dividend on Wednesday, November 27th,Wall Street Journal reports. Investors of record on Friday, December 6th will be given a dividend of 0.175 per share by the investment management company on Friday, December 13th. This represents a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, December 6th.

Tortoise Pipeline & Energy Fund Stock Performance

TTP stock traded up $0.74 during midday trading on Wednesday, hitting $51.43. The company’s stock had a trading volume of 7,401 shares, compared to its average volume of 8,187. Tortoise Pipeline & Energy Fund has a 52-week low of $26.43 and a 52-week high of $52.45. The firm has a 50-day simple moving average of $45.65 and a 200-day simple moving average of $39.98.

Tortoise Pipeline & Energy Fund Company Profile

Tortoise Pipeline & Energy Fund, Inc is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products.