Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Tortoise Power & Energy Infrstrct Fd (TPZ) Share Price
News articles about Tortoise Power & Energy Infrstrct Fd (NYSE:TPZ) have trended somewhat positive on Friday, according to Accern Sentiment. The research group rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Tortoise Power & Energy Infrstrct Fd earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned media coverage about the investment management company an impact score of 46.8791966418383 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Tortoise Power & Energy Infrstrct Fd (TPZ) traded down 0.387% during mid-day trading on Friday, hitting $20.331. The stock had a trading volume of 7,582 shares. Tortoise Power & Energy Infrstrct Fd has a 12 month low of $20.10 and a 12 month high of $23.46. The firm has a 50 day moving average price of $20.90 and a 200-day moving average price of $21.87.
The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Shareholders of record on Friday, September 22nd will be issued a $0.125 dividend. This represents a $1.50 annualized dividend and a yield of 7.35%. The ex-dividend date of this dividend is Thursday, September 21st.
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Tortoise Power & Energy Infrstrct Fd Company Profile
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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