Tortoise Energy Infrastructure Co. (NYSE:TYG – Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $30.63 and traded as high as $34.47. Tortoise Energy Infrastructure shares last traded at $34.44, with a volume of 45,722 shares traded.
Tortoise Energy Infrastructure Stock Up 1.4 %
The firm’s fifty day simple moving average is $33.01 and its 200 day simple moving average is $30.68.
Tortoise Energy Infrastructure Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Friday, May 24th were issued a $0.71 dividend. This represents a $2.84 annualized dividend and a dividend yield of 8.14%. The ex-dividend date of this dividend was Thursday, May 23rd.
Institutional Inflows and Outflows
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.
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