Tortoise Midstream Energy Fund, Inc. (NYSE:NTG – Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $35.14 and traded as high as $36.76. Tortoise Midstream Energy Fund shares last traded at $36.50, with a volume of 12,989 shares traded.
Tortoise Midstream Energy Fund Stock Performance
The company has a 50 day moving average of $36.98 and a 200-day moving average of $35.17.
Tortoise Midstream Energy Fund Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 22nd were given a $0.77 dividend. This represents a $3.08 annualized dividend and a yield of 8.27%. The ex-dividend date of this dividend was Wednesday, February 21st. Tortoise Midstream Energy Fund’s dividend payout ratio is presently -10,341.47%.
Institutional Investors Weigh In On Tortoise Midstream Energy Fund
About Tortoise Midstream Energy Fund
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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