Tortoise Energy Infrastructure Co. (NYSE:TYG) to Issue $0.37 -- Dividend

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

Tortoise Energy Infrastructure Stock Down 3.2 %

TYG traded down $1.44 on Tuesday, reaching $43.76. The stock had a trading volume of 47,529 shares, compared to its average volume of 38,438. The business's 50-day moving average price is $42.21 and its two-hundred day moving average price is $37.73. Tortoise Energy Infrastructure has a 12-month low of $27.44 and a 12-month high of $46.35.

Tortoise Energy Infrastructure Company Profile

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.