Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP – Get Rating)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $28.05 and traded as high as $28.79. Tortoise Pipeline & Energy Fund shares last traded at $28.29, with a volume of 9,196 shares changing hands.
Tortoise Pipeline & Energy Fund Trading Up 0.2 %
The company’s 50-day moving average price is $27.73 and its two-hundred day moving average price is $28.05.
Tortoise Pipeline & Energy Fund Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 30th. Stockholders of record on Wednesday, November 23rd will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 8.34%. The ex-dividend date of this dividend is Tuesday, November 22nd.
Institutional Trading of Tortoise Pipeline & Energy Fund
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.
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