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

by · The Cerbat Gem

Tortoise Energy Infrastructure Co. (NYSE:TYGGet Free Report) announced a — dividend on Tuesday, December 10th,Wall Street Journal reports. Investors of record on Friday, February 21st will be given a dividend of 0.365 per share by the financial services provider on Friday, February 28th. This represents a dividend yield of 7.4%. The ex-dividend date is Friday, February 21st.

Tortoise Energy Infrastructure Price Performance

TYG stock opened at $43.97 on Wednesday. Tortoise Energy Infrastructure has a 12-month low of $27.44 and a 12-month high of $46.35. The stock’s 50 day simple moving average is $42.29 and its 200 day simple moving average is $37.80.

About Tortoise Energy Infrastructure

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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.

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