Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) to Issue — Dividend of $0.18

Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) declared a — dividend on Monday, November 25th,Wall Street Journal reports. Stockholders of record on Friday, December 6th will be paid a dividend of 0.175 per share by the investment management company on Friday, December 13th. This represents a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, December 6th.

Tortoise Pipeline & Energy Fund Stock Up 1.4 %

Shares of Tortoise Pipeline & Energy Fund stock traded up $0.73 on Wednesday, reaching $51.43. The stock had a trading volume of 7,401 shares, compared to its average volume of 8,187. The company has a 50 day moving average price of $45.65 and a 200 day moving average price of $39.98. Tortoise Pipeline & Energy Fund has a 1 year low of $26.43 and a 1 year high of $52.45.

Tortoise Pipeline & Energy Fund Company Profile

Tortoise Pipeline & Energy Fund, Inc is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products.