|Bid||24.05 x 800|
|Ask||0.00 x 900|
|Day's Range||23.96 - 24.85|
|52 Week Range||4.60 - 54.60|
|Beta (5Y Monthly)||2.90|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.26 (5.12%)|
|Ex-Dividend Date||Feb 18, 2021|
|1y Target Est||N/A|
Tortoise today announced that the Board approved an increase to quarterly distributions for TYG and NTG and reauthorized a share repurchase program for these funds. The distribution increase of 5.0% for TYG and 6.5% for NTG is a product of the share repurchase programs completed in December and reflects the investment team’s positive long-term outlook for the energy infrastructure sector. Furthermore, TYG continues its strategic shift, positioning for the future of energy and toward a target portfolio of ~40% renewables and power infrastructure.
Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF.
Tortoise today announced the tax characterization of 2020 distributions paid to common stockholders of each of the funds listed below: