Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Declares $0.59 Quarterly Dividend

Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) announced a quarterly dividend on Monday, November 4th, NASDAQ reports. Shareholders of record on Friday, November 22nd will be given a dividend of 0.59 per share by the investment management company on Friday, November 29th. This represents a $2.36 dividend on an annualized basis and a yield of 5.18%. The ex-dividend date is Friday, November 22nd.

Tortoise Pipeline & Energy Fund Stock Performance

NYSE:TTP traded up $0.50 during mid-day trading on Tuesday, hitting $45.54. 4,545 shares of the company’s stock traded hands, compared to its average volume of 7,804. The firm’s 50 day simple moving average is $43.20 and its 200 day simple moving average is $38.09. Tortoise Pipeline & Energy Fund has a 1 year low of $26.43 and a 1 year high of $45.75.

About Tortoise Pipeline & Energy Fund

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.