Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Announces Quarterly Dividend of $0.63

Tortoise Energy Independence Fund, Inc. (NYSE:NDP) declared a quarterly dividend on Monday, November 4th,NASDAQ Dividends reports. Investors of record on Friday, November 22nd will be paid a dividend of 0.63 per share on Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a yield of 5.77%. The ex-dividend date of this dividend is Friday, November 22nd.

Tortoise Energy Independence Fund has raised its dividend payment by an average of 46.6% annually over the last three years.

Tortoise Energy Independence Fund Trading Up 0.5 %

Tortoise Energy Independence Fund stock opened at $43.68 on Wednesday. The stock has a 50 day moving average of $39.64 and a 200-day moving average of $36.95. Tortoise Energy Independence Fund has a 52 week low of $27.38 and a 52 week high of $43.75.

Tortoise Energy Independence Fund Company Profile

Tortoise Energy Independence Fund, Inc is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC The fund invests in the public equity markets of the North American. It seeks to invest primarily in the energy sector. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio.