Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Declares Dividend of $0.53

Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) announced a dividend on Monday, November 25th,NASDAQ Dividends reports. Investors of record on Friday, December 6th will be paid a dividend of 0.53 per share by the investment management company on Friday, December 13th. The ex-dividend date of this dividend is Friday, December 6th.

Tortoise Midstream Energy Fund Price Performance

Shares of NYSE NTG traded down $0.17 on Tuesday, hitting $56.28. The company had a trading volume of 10,647 shares, compared to its average volume of 12,683. Tortoise Midstream Energy Fund has a 12-month low of $32.70 and a 12-month high of $57.74. The business has a 50 day moving average of $50.95 and a two-hundred day moving average of $45.46.

Insider Transactions at Tortoise Midstream Energy Fund

In related news, major shareholder Saba Capital Management, L.P. acquired 4,725 shares of Tortoise Midstream Energy Fund stock in a transaction on Friday, August 30th. The shares were purchased at an average cost of $44.84 per share, for a total transaction of $211,869.00. Following the purchase, the insider now directly owns 515,767 shares of the company’s stock, valued at $23,126,992.28. The trade was a 0.92 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Tortoise Midstream Energy Fund Company Profile

Tortoise MLP Fund, Inc is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC It invests in public equity markets. The fund primarily invests in equity securities of MLPs and their affiliates, with an emphasis on natural gas infrastructure Master Limited Partnerships.