Tortoise Energy Independence Fund Inc (NDP) to Issue $0.44 Quarterly Dividend

Tortoise Energy Independence Fund Inc (NYSE:NDP) declared a quarterly dividend on Monday, February 12th, Wall Street Journal reports. Stockholders of record on Wednesday, February 21st will be paid a dividend of 0.4375 per share on Wednesday, February 28th. This represents a $1.75 annualized dividend and a dividend yield of 14.24%. The ex-dividend date of this dividend is Tuesday, February 20th.

Shares of Tortoise Energy Independence Fund (NDP) traded up $0.42 during mid-day trading on Monday, hitting $12.29. 69,280 shares of the stock traded hands, compared to its average volume of 85,654. Tortoise Energy Independence Fund has a 1-year low of $11.45 and a 1-year high of $17.43.

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