Tortoise Midstream Energy Fund, Inc. Plans Dividend of $0.53 (NYSE:NTG)

Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) declared a dividend on Monday, November 25th,NASDAQ Dividends reports. Investors of record on Friday, December 6th will be given a dividend of 0.53 per share by the investment management company on Friday, December 13th. The ex-dividend date of this dividend is Friday, December 6th.

Tortoise Midstream Energy Fund Stock Performance

Tortoise Midstream Energy Fund stock opened at $56.28 on Wednesday. Tortoise Midstream Energy Fund has a 1 year low of $32.70 and a 1 year high of $57.74. The company’s 50-day moving average is $50.95 and its two-hundred day moving average is $45.46.

Insider Buying and Selling at Tortoise Midstream Energy Fund

In related news, major shareholder Saba Capital Management, L.P. purchased 4,725 shares of the stock in a transaction dated Friday, August 30th. The stock was bought at an average cost of $44.84 per share, with a total value of $211,869.00. Following the purchase, the insider now directly owns 515,767 shares in the company, valued at $23,126,992.28. The trade was a 0.92 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Tortoise Midstream Energy Fund Company Profile

Tortoise MLP Fund, Inc is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC It invests in public equity markets. The fund primarily invests in equity securities of MLPs and their affiliates, with an emphasis on natural gas infrastructure Master Limited Partnerships.