Tortoise Energy Infrastructure Corporation (NYSE:TYG) Declares $0.48 Monthly Dividend

Tortoise Energy Infrastructure Corporation (NYSE:TYG) declared a monthly dividend on Tuesday, November 11th. Investors of record on Friday, January 23rd will be paid a dividend of 0.475 per share by the financial services provider on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 12.9%. The ex-dividend date is Friday, January 23rd.

Tortoise Energy Infrastructure Stock Performance

NYSE TYG traded up $0.98 during mid-day trading on Wednesday, hitting $44.35. The company’s stock had a trading volume of 179,607 shares, compared to its average volume of 82,709. The company’s 50 day simple moving average is $42.78 and its 200 day simple moving average is $42.34. Tortoise Energy Infrastructure has a twelve month low of $33.73 and a twelve month high of $48.76.

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.