Tortoise Energy Infrastructure Corporation (TYG) To Go Ex-Dividend on August 24th

Tortoise Energy Infrastructure Corporation (NYSE:TYG) declared a monthly dividend on Tuesday, May 12th. Shareholders of record on Monday, August 24th will be given a dividend of 0.475 per share by the financial services provider on Monday, August 31st. This represents a c) annualized dividend and a yield of 12.4%. The ex-dividend date of this dividend is Monday, August 24th.

Tortoise Energy Infrastructure Stock Performance

NYSE TYG opened at $46.05 on Thursday. The business has a 50 day simple moving average of $48.49 and a two-hundred day simple moving average of $45.52. Tortoise Energy Infrastructure has a 1-year low of $39.93 and a 1-year high of $51.18.

About Tortoise Energy Infrastructure

Tortoise Energy Infrastructure Corp. (NYSE: TYG) is a closed-end management investment company that focuses on investing in energy infrastructure companies. Organized as a business development company under the Investment Company Act of 1940, it primarily acquires and manages a diversified portfolio of debt and equity securities issued by publicly traded and private energy infrastructure businesses. The company seeks to generate current income and long-term capital appreciation through selective investments across the energy value chain.

The firm’s investment strategy emphasizes midstream infrastructure, including pipeline transportation, storage, processing facilities, and terminals.