Tortoise Midstream Energy Fund Inc (NYSE:NTG) declared a quarterly dividend on Thursday, August 8th, NASDAQ reports. Stockholders of record on Friday, August 23rd will be given a dividend of 0.423 per share by the investment management company on Friday, August 30th. This represents a $1.69 annualized dividend and a dividend yield of 13.32%. The ex-dividend date is Thursday, August 22nd.
Tortoise Midstream Energy Fund has decreased its dividend by an average of 17.0% per year over the last three years.
NTG opened at $12.70 on Wednesday. Tortoise Midstream Energy Fund has a 52-week low of $11.02 and a 52-week high of $16.79. The firm’s 50-day moving average price is $13.19 and its 200-day moving average price is $13.76.
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.
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