Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) to Issue $0.59 Quarterly Dividend

Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTPGet Free Report) declared a quarterly dividend on Friday, June 21st, Wall Street Journal reports. Investors of record on Thursday, June 27th will be given a dividend of 0.59 per share by the investment management company on Monday, July 8th. This represents a $2.36 annualized dividend and a yield of 6.72%. The ex-dividend date is Thursday, June 27th.

Tortoise Pipeline & Energy Fund Price Performance

Shares of Tortoise Pipeline & Energy Fund stock opened at $35.10 on Tuesday. Tortoise Pipeline & Energy Fund has a 52-week low of $25.75 and a 52-week high of $35.63. The company’s fifty day moving average price is $33.36 and its two-hundred day moving average price is $30.74.

About Tortoise Pipeline & Energy Fund

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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.

Further Reading

Dividend History for Tortoise Pipeline & Energy Fund (NYSE:TTP)

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