Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP – Get Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $28.77 and traded as high as $30.57. Tortoise Pipeline & Energy Fund shares last traded at $30.45, with a volume of 6,741 shares.
Tortoise Pipeline & Energy Fund Price Performance
The company’s 50-day simple moving average is $30.36 and its 200-day simple moving average is $28.81.
Tortoise Pipeline & Energy Fund Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 22nd were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 7.46%. The ex-dividend date was Wednesday, February 21st.
Institutional Investors Weigh In On Tortoise Pipeline & Energy Fund
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.
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