Tortoise Power and Energy Infrastructure Fund (TPZ) Receives News Sentiment Score of 0.25
News stories about Tortoise Power and Energy Infrastructure Fund (NYSE:TPZ) have trended positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tortoise Power and Energy Infrastructure Fund earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news headlines about the investment management company an impact score of 46.6473354107903 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of Tortoise Power and Energy Infrastructure Fund (NYSE:TPZ) traded up $0.01 during midday trading on Monday, hitting $19.97. 9,800 shares of the stock were exchanged, compared to its average volume of 25,664. Tortoise Power and Energy Infrastructure Fund has a twelve month low of $19.68 and a twelve month high of $23.46.
The company also recently disclosed a monthly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 24th will be paid a dividend of $0.125 per share. The ex-dividend date is Tuesday, January 23rd. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.51%.
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About Tortoise Power and Energy Infrastructure Fund
Tortoise Power and Energy Infrastructure Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income. The Fund’s secondary objective is capital appreciation. It seeks to invest primarily in fixed income and dividend-paying equity securities of power and energy infrastructure companies.
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