Tortoise Energy Infrastructure Co. (NYSE:TYG) Announces $0.37 — Dividend

Tortoise Energy Infrastructure Co. (NYSE:TYG) declared a — dividend on Monday, December 9th,Wall Street Journal reports. Investors of record on Friday, February 21st will be paid a dividend of 0.365 per share by the financial services provider on Friday, February 28th. This represents a yield of 7.4%. The ex-dividend date is Friday, February 21st.

Tortoise Energy Infrastructure Price Performance

Tortoise Energy Infrastructure stock traded down $0.01 during midday trading on Monday, hitting $45.20. The company’s stock had a trading volume of 45,872 shares, compared to its average volume of 38,400. Tortoise Energy Infrastructure has a 12 month low of $27.44 and a 12 month high of $46.35. The stock’s 50-day moving average price is $42.09 and its 200-day moving average price is $37.64.

Tortoise Energy Infrastructure Company Profile

Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities.