Tortoise MLP Fund (NTG) Getting Somewhat Favorable News Coverage, Analysis Shows
News stories about Tortoise MLP Fund (NYSE:NTG) have been trending somewhat positive on Thursday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tortoise MLP Fund earned a news impact score of 0.19 on Accern’s scale. Accern also assigned headlines about the investment management company an impact score of 45.808327929683 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Tortoise MLP Fund (NTG) traded down 1.64% on Thursday, reaching $17.97. The company had a trading volume of 61,854 shares. The company’s 50 day moving average price is $18.11 and its 200-day moving average price is $19.20. Tortoise MLP Fund has a 1-year low of $17.00 and a 1-year high of $21.84.
The company also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Shareholders of record on Thursday, August 24th were given a $0.4225 dividend. This represents a $1.69 dividend on an annualized basis and a yield of 9.25%. The ex-dividend date of this dividend was Tuesday, August 22nd.
Tortoise MLP Fund Company Profile
Tortoise MLP Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of total return with an emphasis on current distributions. It invests primarily in master limited partnerships (MLPs) and their affiliates that own and operate a network of pipeline and energy-related logistical infrastructure assets.
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