Tortoise MLP Fund Declares Quarterly Dividend of $0.42 (NTG)
Tortoise MLP Fund (NYSE:NTG) announced a quarterly dividend on Monday, August 11th, Stock Ratings Network reports. Stockholders of record on Friday, August 22nd will be paid a dividend of 0.4213 per share on Friday, August 29th. This represents a $1.69 annualized dividend and a dividend yield of 5.74%. The ex-dividend date is Wednesday, August 20th.
Shares of Tortoise MLP Fund (NYSE:NTG) traded up 4.02% on Monday, hitting $29.47. 102,563 shares of the company’s stock traded hands. Tortoise MLP Fund has a 52-week low of $25.28 and a 52-week high of $30.00. The stock’s 50-day moving average is $29.15 and its 200-day moving average is $27.84.
Tortoise MLP Fund, Inc is a non-diversified, closed-end management investment company. The Company’s investment objective is to seek a high level of total return with an emphasis on current distributions paid to stockholders.
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