Tortoise Energy Infrastructure Co. Plans Quarterly Dividend of $0.78 (NYSE:TYG)

Tortoise Energy Infrastructure Co. (NYSE:TYG) announced a quarterly dividend on Monday, November 4th, NASDAQ reports. Shareholders of record on Friday, November 22nd will be paid a dividend of 0.78 per share by the financial services provider on Friday, November 29th. This represents a $3.12 dividend on an annualized basis and a dividend yield of 7.81%. The ex-dividend date of this dividend is Friday, November 22nd.

Tortoise Energy Infrastructure Stock Performance

Shares of TYG traded up $0.01 on Tuesday, reaching $39.95. 38,852 shares of the stock traded hands, compared to its average volume of 38,683. The stock’s 50-day moving average price is $38.84 and its 200-day moving average price is $35.74. Tortoise Energy Infrastructure has a 12 month low of $27.44 and a 12 month high of $41.46.

About Tortoise Energy Infrastructure

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.