Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $22.85 and traded as high as $25.45. Tortoise Pipeline & Energy Fund shares last traded at $25.22, with a volume of 6,373 shares traded.
The company’s 50 day moving average price is $23.50 and its 200-day moving average price is $22.87.
The company also recently announced a quarterly dividend, which was paid on Tuesday, August 31st. Shareholders of record on Tuesday, August 24th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 5.84%. This is a boost from Tortoise Pipeline & Energy Fund’s previous quarterly dividend of $0.16. The ex-dividend date was Monday, August 23rd.
Tortoise Pipeline & Energy Fund Company Profile (NYSE:TTP)
Tortoise Pipeline & Energy Fund, Inc is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products.
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