Tortoise Energy Infrastructure Corp. (NYSE:TYG) VP Nicholas Scott Holmes bought 800 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The shares were acquired at an average cost of $25.86 per share, with a total value of $20,688.00. Following the completion of the purchase, the vice president now owns 1,550 shares of the company’s stock, valued at $40,083. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Tortoise Energy Infrastructure Corp. (NYSE:TYG) traded up $0.11 during mid-day trading on Thursday, reaching $25.13. 513,501 shares of the company traded hands, compared to its average volume of 183,860. Tortoise Energy Infrastructure Corp. has a fifty-two week low of $24.30 and a fifty-two week high of $37.11.
The firm also recently announced a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 22nd were paid a dividend of $0.655 per share. This represents a $2.62 annualized dividend and a yield of 10.43%. The ex-dividend date was Tuesday, November 21st.
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About Tortoise Energy Infrastructure
Tortoise Energy Infrastructure Corporation (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks a high level of total return with a focus on current distributions paid to stockholders. The Fund invests primarily in equity securities of master limited partnerships (MLPs) and their affiliates that transport, gather, process or store natural gas, natural gas liquids (NGLs), crude oil and refined petroleum products.
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