Tortoise North American Pipeline Fund (NYSEARCA:TPYP) declared a quarterly dividend on Wednesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 26th will be given a dividend of 0.3098 per share on Friday, March 27th. This represents a $1.24 annualized dividend and a dividend yield of 9.03%. The ex-dividend date is Wednesday, March 25th. This is a boost from Tortoise North American Pipeline Fund’s previous quarterly dividend of $0.22.
Shares of NYSEARCA:TPYP traded up $0.61 during trading on Thursday, hitting $13.73. The company’s stock had a trading volume of 12,068 shares, compared to its average volume of 301,552. The business has a 50 day moving average price of $19.62 and a two-hundred day moving average price of $22.19. Tortoise North American Pipeline Fund has a fifty-two week low of $10.92 and a fifty-two week high of $24.63.
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