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Tortoise Energy Independence Fund Inc Stock Dividends Overview

NDP pays dividends quarterly. Last paid amount was $0.630 at Feb 29, 2024. As of today, dividend yield (TTM) is 8.57%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 8.57%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.630
Tortoise Energy Independence Fund Inc has not yet announced its next dividend date. Last payment date was: Feb 29, 2024.

NDP Dividend Payout History

To ensure a understanding of NDP's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 21, 2024 Feb 21, 2024 Feb 29, 2024 $0.630 2.04%
2 Nov 09, 2023 Nov 21, 2023 Nov 30, 2023 $0.630 2.18%
3 Aug 10, 2023 Aug 23, 2023 Aug 31, 2023 $0.630 2.02%
4 May 09, 2023 May 23, 2023 May 31, 2023 $0.630 2.33%
5 Feb 09, 2023 Feb 17, 2023 Feb 28, 2023 $0.630 2.14%
6 Nov 08, 2022 Nov 22, 2022 Nov 30, 2022 $0.560 1.73%
7 Aug 11, 2022 Aug 23, 2022 Aug 31, 2022 $0.560 1.73%
8 May 12, 2022 May 23, 2022 May 31, 2022 $0.480 1.48%
9 Jan 20, 2022 Feb 17, 2022 Feb 28, 2022 $0.480 1.74%
10 Nov 11, 2021 Nov 22, 2021 Nov 30, 2021 $0.310 1.39%

NDP Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from NDP dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NDP stock here.

Comparing NDP to Sector and Country

NDP pays a solid dividend yield of 8.57%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). NDP’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.11%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of NDP's dividend payments?
The amount of NDP's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in NDP sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NDP stock be automatically reinvested?
If NDP offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy NDP stock.

How often does NDP pay dividend?
Tortoise Energy Independence Fund Inc (NDP) pays dividends quarterly. The most recent payout was on Feb 29, 2024.

How much does NDP pays per share?
The last recorder (Feb 21, 2024) dividend per share was $0.630.

What is NDP dividend growth rate?
Over the last year, Tortoise Energy Independence Fund Inc has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 26.67%. Furthermore, examining the past 5 years, Tortoise Energy Independence Fund Inc has maintained an average Dividends Per Share Growth Rate of -29.05%.
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About Tortoise Energy Independence Fund Inc

Tortoise Energy Independence Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. 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. Tortoise En... NDP Profile

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