Tortoise Energy Infrastructure Co. (NYSE:TYG) Plans Quarterly Dividend of $0.71

Tortoise Energy Infrastructure Co. (NYSE:TYG - Get Free Report) declared a quarterly dividend on Wednesday, May 8th, Zacks reports. Shareholders of record on Friday, May 24th will be paid a dividend of 0.71 per share by the financial services provider on Friday, May 31st. This represents a $2.84 annualized dividend and a yield of 8.46%. The ex-dividend date of this dividend is Thursday, May 23rd.

Tortoise Energy Infrastructure Price Performance

TYG traded up $0.04 during midday trading on Friday, reaching $33.57. The company's stock had a trading volume of 65,156 shares, compared to its average volume of 45,167. The stock's 50-day moving average is $30.67 and its 200-day moving average is $29.35. Tortoise Energy Infrastructure has a 1 year low of $26.72 and a 1 year high of $33.70.

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.