Tortoise Energy Infrastructure Corporation (TYG) To Go Ex-Dividend on June 3rd

Tortoise Energy Infrastructure Corporation (NYSE:TYG) declared a monthly dividend on Tuesday, May 12th. Investors of record on Wednesday, June 3rd will be paid a dividend of 0.475 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 12.9%. The ex-dividend date of this dividend is Wednesday, June 3rd.

Tortoise Energy Infrastructure Trading Up 0.1%

Shares of TYG opened at $44.04 on Monday. The firm has a 50-day moving average price of $47.69 and a 200 day moving average price of $45.77. Tortoise Energy Infrastructure has a 52-week low of $40.00 and a 52-week high of $51.18.

Tortoise Energy Infrastructure Company Profile

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.