Tortoise Energy Independence Fund, Inc. (NDP) To Go Ex-Dividend on November 22nd

Tortoise Energy Independence Fund, Inc. (NYSE:NDP) declared a quarterly dividend on Monday, November 4th, NASDAQ reports. Stockholders of record on Friday, November 22nd will be given a dividend of 0.63 per share on Friday, November 29th. This represents a $2.52 annualized dividend and a dividend yield of 6.32%. The ex-dividend date is Friday, November 22nd.

Tortoise Energy Independence Fund has raised its dividend payment by an average of 46.6% per year over the last three years.

Tortoise Energy Independence Fund Stock Up 0.5 %

Shares of Tortoise Energy Independence Fund stock opened at $39.85 on Wednesday. The stock has a fifty day moving average price of $38.62 and a 200-day moving average price of $36.32. Tortoise Energy Independence Fund has a 1 year low of $27.38 and a 1 year high of $41.07.

Tortoise Energy Independence Fund Company Profile

Tortoise Energy Independence Fund, Inc is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC The fund invests in the public equity markets of the North American. It seeks to invest primarily in the energy sector. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio.