Tortoise Energy Infrastructure Corporation Company Profile (NYSE:TYG)

About Tortoise Energy Infrastructure Corporation (NYSE:TYG)

Tortoise Energy Infrastructure Corporation logoTortoise Energy Infrastructure Corporation (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks a high level of total return with a focus on current distributions paid to stockholders. The Fund invests primarily in equity securities of master limited partnerships (MLPs) and their affiliates that transport, gather, process or store natural gas, natural gas liquids (NGLs), crude oil and refined petroleum products. Under normal circumstances, the Fund invests at least 90% of its total assets (including assets obtained through leverage) in securities of energy infrastructure companies and at least 70% of its total assets in equity securities of MLPs. The Fund may invest up to 30% of its total assets in restricted securities, primarily through direct placements. The Fund may invest up to 25% of its total assets in debt securities, including those rated below investment grade. Tortoise Capital Advisors, L.L.C. is the investment advisor of the Fund.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Closed-End Fund - Equity
  • Sub-Industry: N/A
  • Symbol: NYSE:TYG
  • CUSIP: N/A
  • Web: N/A
Average Prices:
  • 50 Day Moving Avg: $32.23
  • 200 Day Moving Avg: $32.78
  • 52 Week Range: $27.40 - $37.11
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 4.52
Dividend:
  • Annual Dividend: $3.28
  • Dividend Yield: 11.7%
Misc:
  • Average Volume: 147,517 shs.
  • Beta: 1.27
 

Frequently Asked Questions for Tortoise Energy Infrastructure Corporation (NYSE:TYG)

What is Tortoise Energy Infrastructure Corporation's stock symbol?

Tortoise Energy Infrastructure Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "TYG."

How often does Tortoise Energy Infrastructure Corporation pay dividends? What is the dividend yield for Tortoise Energy Infrastructure Corporation?

Tortoise Energy Infrastructure Corporation announced a quarterly dividend on Wednesday, May 10th. Stockholders of record on Wednesday, May 24th will be paid a dividend of $0.655 per share on Wednesday, May 31st. This represents a $2.62 dividend on an annualized basis and a dividend yield of 9.48%. The ex-dividend date is Monday, May 22nd. View Tortoise Energy Infrastructure Corporation's Dividend History.

Where is Tortoise Energy Infrastructure Corporation's stock going? Where will Tortoise Energy Infrastructure Corporation's stock price be in 2017?

1 brokerages have issued 12 month price targets for Tortoise Energy Infrastructure Corporation's shares. Their predictions range from $35.00 to $35.00. On average, they expect Tortoise Energy Infrastructure Corporation's share price to reach $35.00 in the next year. View Analyst Ratings for Tortoise Energy Infrastructure Corporation.

Who are some of Tortoise Energy Infrastructure Corporation's key competitors?

Who are Tortoise Energy Infrastructure Corporation's key executives?

Tortoise Energy Infrastructure Corporation's management team includes the folowing people:

  • H. Kevin Birzer, Independent Chairman of the Board
  • Zachary A. Hamel, President
  • Terry C. Matlack, Chief Executive Officer, Director
  • P. Bradley Adams, Chief Financial Officer
  • Kenneth P. Malvey, Senior Vice President, Treasurer
  • David J. Schulte CPA, Senior Vice President
  • Charles E. Heath, Lead Independent Director
  • Rand C. Berney, Independent Director
  • Conrad S. Ciccotello, Independent Director
  • Alexandra A. Herger, Independent Director

Who owns Tortoise Energy Infrastructure Corporation stock?

Tortoise Energy Infrastructure Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bank of America Corp DE (0.00%), Morgan Stanley (3.31%), Uniplan Investment Counsel Inc. (1.74%), Sit Investment Associates Inc. (0.00%), Wells Fargo & Company MN (0.00%) and UMB Bank N A MO (0.00%). Company insiders that own Tortoise Energy Infrastructure Corporation stock include Conrad S Ciccotello, H Kevin Birzer, Matthew Sallee, Nicholas Scott Holmes, Rand C Berney and Terry Matlack. View Institutional Ownership Trends for Tortoise Energy Infrastructure Corporation.

Who sold Tortoise Energy Infrastructure Corporation stock? Who is selling Tortoise Energy Infrastructure Corporation stock?

Tortoise Energy Infrastructure Corporation's stock was sold by a variety of institutional investors in the last quarter, including RiverPoint Capital Management LLC, Bank of America Corp DE, Fiduciary Trust Co., Uniplan Investment Counsel Inc., Advisors Asset Management Inc., Creative Planning, Oppenheimer & Co. Inc. and Whitnell & Co.. View Insider Buying and Selling for Tortoise Energy Infrastructure Corporation.

Who bought Tortoise Energy Infrastructure Corporation stock? Who is buying Tortoise Energy Infrastructure Corporation stock?

Tortoise Energy Infrastructure Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Sit Investment Associates Inc., UMB Bank N A MO, Parkside Investments LLC, Allen Investment Management LLC, BB&T Securities LLC, Pathstone Family Office LLC and Paragon Capital Management LLC. Company insiders that have bought Tortoise Energy Infrastructure Corporation stock in the last two years include Conrad S Ciccotello, H Kevin Birzer, Matthew Sallee, Nicholas Scott Holmes, Rand C Berney and Terry Matlack. View Insider Buying and Selling for Tortoise Energy Infrastructure Corporation.

How do I buy Tortoise Energy Infrastructure Corporation stock?

Shares of Tortoise Energy Infrastructure Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Tortoise Energy Infrastructure Corporation's stock price today?

One share of Tortoise Energy Infrastructure Corporation stock can currently be purchased for approximately $27.65.


MarketBeat Community Rating for Tortoise Energy Infrastructure Corporation (NYSE TYG)
Community Ranking:  2.4 out of 5 ( )
Outperform Votes:  35 (Vote Outperform)
Underperform Votes:  39 (Vote Underperform)
Total Votes:  74
MarketBeat's community ratings are surveys of what our community members think about Tortoise Energy Infrastructure Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Tortoise Energy Infrastructure Corporation (NYSE:TYG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $35.00 (26.58% upside)

Analysts' Ratings History for Tortoise Energy Infrastructure Corporation (NYSE:TYG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/8/2017Stifel NicolausDowngradeBuy -> Hold$35.00HighView Rating Details
2/17/2016Bank of America CorporationDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 6/22/2015 forward)

Earnings

Earnings History for Tortoise Energy Infrastructure Corporation (NYSE:TYG)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Tortoise Energy Infrastructure Corporation (NYSE:TYG)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Tortoise Energy Infrastructure Corporation (NYSE:TYG)
Most Recent Dividend:5/31/2017
Annual Dividend:$3.28
Dividend Yield:11.86%
Dividend Growth:4.70% (3 Year Average)
Payout Ratio:
Dividend Payments by Quarter for Tortoise Energy Infrastructure Corporation (NYSE:TYG)

Dividend History by Quarter for Tortoise Energy Infrastructure Corporation (NYSE TYG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/10/2017quarterly$0.667.63%5/22/20175/24/20175/31/2017
2/13/2017quarterly$0.667.4%2/16/20172/21/20172/28/2017
11/8/2016quarterly$0.669.09%11/21/201611/23/201611/30/2016
8/9/2016quarterly$0.668.28%8/22/20168/24/20168/31/2016
5/11/2016quarterly$0.669.08%5/20/20165/24/20165/31/2016
2/10/2016quarterly$0.6613.02%2/18/20162/22/20162/29/2016
11/10/2015quarterly$0.669.01%11/19/201511/23/201511/30/2015
8/14/2015quarterly$0.657.39%8/20/20158/24/20158/31/2015
5/12/2015quarterly$0.655.99%5/20/20155/22/20155/29/2015
2/10/2015quarterly$0.645.78%2/18/20152/20/20152/27/2015
11/11/2014quarterly$0.625.22%11/19/201411/21/201411/28/2014
8/11/2014quarterly$0.615.15%8/20/20148/22/20148/29/2014
5/13/2014quarterly$0.584.73%5/20/20145/22/20145/30/2014
2/11/2014quarterly$0.585.28%2/19/20142/21/20142/28/2014
11/12/2013quarterly$0.584.94%11/20/201311/22/201311/29/2013
8/9/2013quarterly$0.575.1%8/21/20138/23/20139/3/2013
5/7/2013quarterly$0.575.08%5/21/20135/23/20136/3/2013
2/12/2013quarterly$0.575.21%2/19/20132/21/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Tortoise Energy Infrastructure Corporation (NYSE:TYG)
Insider Ownership Percentage: 0.33%
Institutional Ownership Percentage: 34.06%
Insider Trades by Quarter for Tortoise Energy Infrastructure Corporation (NYSE:TYG)
Institutional Ownership by Quarter for Tortoise Energy Infrastructure Corporation (NYSE:TYG)
Insider Trades by Quarter for Tortoise Energy Infrastructure Corporation (NYSE:TYG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/12/2017H Kevin BirzerInsiderBuy100$35.06$3,506.00View SEC Filing  
1/5/2017H Kevin BirzerInsiderBuy100$31.57$3,157.00View SEC Filing  
12/14/2016Matthew SalleeInsiderBuy400$30.25$12,100.00View SEC Filing  
10/5/2016H Kevin BirzerInsiderBuy100$29.96$2,996.00View SEC Filing  
7/5/2016H Kevin BirzerInsiderBuy100$30.01$3,001.00View SEC Filing  
4/4/2016H Kevin BirzerInsiderBuy100$23.75$2,375.00View SEC Filing  
3/7/2016Nicholas Scott HolmesVPBuy750$26.60$19,950.00View SEC Filing  
12/17/2015Conrad S CiccotelloDirectorBuy100$23.34$2,334.00View SEC Filing  
12/10/2015Matthew SalleePresidentBuy100$24.14$2,414.00View SEC Filing  
12/10/2015Rand C BerneyDirectorBuy1,054$24.25$25,559.50View SEC Filing  
12/3/2015Terry MatlackDirectorBuy2,000$25.15$50,300.00View SEC Filing  
12/2/2015Matthew SalleePresidentBuy400$25.42$10,168.00View SEC Filing  
9/28/2015H Kevin BirzerDirectorBuy100$29.51$2,951.00View SEC Filing  
8/25/2015Terry MatlackDirectorBuy1,500$32.40$48,600.00View SEC Filing  
2/27/2015Terry MatlackCEOBuy1,200$43.75$52,500.00View SEC Filing  
1/27/2015H Kevin BirzerDirectorBuy100$43.49$4,349.00View SEC Filing  
12/17/2014Mutual Life Insu MassachusettsMajor ShareholderBuy2,000,000$10.00$20,000,000.00View SEC Filing  
10/9/2014Holding Ltd AtheneMajor ShareholderBuy760,000$10.00$7,600,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Tortoise Energy Infrastructure Corporation (NYSE:TYG)
Latest Headlines for Tortoise Energy Infrastructure Corporation (NYSE:TYG)
Source:
DateHeadline
americanbankingnews.com logoTortoise Energy Infrastructure Corporation (TYG) and Capitala Finance Corp. (CPTA) Critical Contrast
www.americanbankingnews.com - June 18 at 6:02 PM
americanbankingnews.com logoFinancial Review: Medley Capital Corp (MCC) versus Tortoise Energy Infrastructure Corp. (TYG)
www.americanbankingnews.com - June 10 at 7:38 AM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of May 31, 2017
finance.yahoo.com - June 2 at 2:42 AM
thestreet.com logoRSI Alert: Tortoise Energy Infrastructure Fund Now Oversold
www.thestreet.com - May 31 at 11:36 PM
nasdaq.com logoTortoise Energy Infrastructure Corporation (TYG)...
www.nasdaq.com - May 21 at 8:00 AM
seekingalpha.com logoHeadwinds In Energy
seekingalpha.com - May 13 at 2:12 AM
americanbankingnews.com logoTortoise Energy Infrastructure Corp. (TYG) Announces $0.66 Quarterly Dividend
www.americanbankingnews.com - May 10 at 5:56 PM
americanbankingnews.com logoTortoise Energy Infrastructure Corp. (TYG) Receives Media Sentiment Rating of 0.17
www.americanbankingnews.com - May 4 at 5:43 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of April 30, 2017
finance.yahoo.com - May 1 at 7:33 PM
americanbankingnews.com logoTortoise Energy Infrastructure Corp. (TYG) Receives News Sentiment Score of 0.29
www.americanbankingnews.com - April 30 at 12:26 PM
americanbankingnews.com logoTortoise Energy Infrastructure Corp. (TYG) Given News Sentiment Score of 0.27
www.americanbankingnews.com - April 25 at 4:32 PM
seekingalpha.com logoHow To Boost Returns Without Magic
seekingalpha.com - April 25 at 9:04 AM
americanbankingnews.com logoTortoise Energy Infrastructure Corp. (TYG) Given Daily News Impact Rating of 0.41
www.americanbankingnews.com - April 15 at 1:47 PM
forbes.com logoFive Infrastructure 'Sure Things' That Pay 6%+
www.forbes.com - April 7 at 6:15 PM
reuters.com logoBRIEF-Tortoise Power And Energy Infrastructure Fund provides unaudited balance sheet information
www.reuters.com - April 3 at 8:14 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of March 31, 2017
finance.yahoo.com - April 3 at 8:14 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Feb. 28, 2017
finance.yahoo.com - March 2 at 12:42 AM
seekingalpha.com logoReviewing CEFs That Focus On MLPs: Avoiding The Dreaded K-1
seekingalpha.com - February 16 at 8:23 PM
seekingalpha.com logoReviewing CEFs That Focus On MLPs: Avoiding The Dreaded K-1
seekingalpha.com - February 16 at 8:23 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Jan. 31, 2017
finance.yahoo.com - February 2 at 6:17 AM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Dec. 31, 2016
finance.yahoo.com - January 4 at 7:23 AM
finance.yahoo.com logoTORTOISE ENERGY INFRASTRUCTURE CORP Financials
finance.yahoo.com - December 22 at 5:39 AM
reuters.com logoBRIEF-Tortoise Energy Infrastructure unaudited NAV $28.83 per share as of Nov. 30
www.reuters.com - December 1 at 8:26 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Nov. 30, 2016
finance.yahoo.com - December 1 at 8:26 PM
businesswire.com logoFitch Affirms Notes & MRPS Issued by Three Tortoise Closed-End Funds - Business Wire (press release)
www.businesswire.com - December 1 at 8:20 AM
seekingalpha.com logoThis Tortoise Fund Is Racing Ahead Of Its NAV
seekingalpha.com - November 25 at 7:50 PM
seekingalpha.com logoThis Tortoise Fund Is Racing Ahead Of Its NAV - Seeking Alpha
seekingalpha.com - November 25 at 6:45 AM
seekingalpha.com logoTortoise Energy Infrastructure declares $0.655 dividend
seekingalpha.com - November 22 at 8:13 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage …
finance.yahoo.com - November 2 at 11:50 AM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Oct. 31, 2016
finance.yahoo.com - November 1 at 8:16 PM
businesswire.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update ... - Business Wire (press release)
www.businesswire.com - October 4 at 8:08 AM
blogs.barrons.com logoNo OPEC Oil Freeze Likely, MLP Investor Says - Barron's (blog)
blogs.barrons.com - September 28 at 8:45 AM
blogs.barrons.com logoNo Algiers OPEC Oil Freeze Likely, MLP Investor Says
blogs.barrons.com - September 26 at 7:53 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet ...
finance.yahoo.com - September 2 at 9:40 AM
benzinga.com logoTortoise Energy Infrastructure Corp. Provides...
www.benzinga.com - August 2 at 8:52 AM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of July 31, 2016
finance.yahoo.com - August 1 at 7:46 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of June 30, 2016
finance.yahoo.com - July 1 at 4:44 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of May 31, 2016
finance.yahoo.com - June 1 at 6:19 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of April 30, 2016
finance.yahoo.com - May 2 at 5:48 PM
thestreet.com logo4 Closed-End Funds Trading at a Discount
www.thestreet.com - April 22 at 11:16 AM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of March 31, 2016
finance.yahoo.com - April 1 at 6:10 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Update as of Feb. 29, 2016
finance.yahoo.com - March 1 at 5:41 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Announces Intention to Redeem Series B Mandatory Redeemable Preferred Shares
finance.yahoo.com - February 12 at 4:47 PM
finance.yahoo.com logoTortoise Energy Infrastructure Corp. Announces Upcoming Distribution
finance.yahoo.com - February 9 at 4:55 PM

Social

Chart

Tortoise Energy Infrastructure Corporation (TYG) Chart for Thursday, June, 22, 2017

This page was last updated on 6/22/2017 by MarketBeat.com Staff