Tortoise Energy Independence Fund, Inc. (NDP) To Go Ex-Dividend on December 6th

Tortoise Energy Independence Fund, Inc. (NYSE:NDP) declared a — dividend on Monday, November 25th,Wall Street Journal reports. Stockholders of record on Friday, December 6th will be paid a dividend of 0.255 per share on Friday, December 13th. This represents a dividend yield of 5.8%. The ex-dividend date is Friday, December 6th.

Tortoise Energy Independence Fund has increased its dividend payment by an average of 46.6% per year over the last three years.

Tortoise Energy Independence Fund Trading Up 0.9 %

Shares of NYSE NDP traded up $0.39 during midday trading on Wednesday, hitting $43.99. The stock had a trading volume of 18,253 shares, compared to its average volume of 5,682. The business’s 50 day moving average is $40.41 and its 200-day moving average is $37.32. Tortoise Energy Independence Fund has a 52 week low of $27.38 and a 52 week high of $45.40.

About Tortoise Energy Independence Fund

Tortoise Energy Independence Fund, Inc is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC The fund invests in the public equity markets of the North American. It seeks to invest primarily in the energy sector. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio.