Tortoise MLP Fund Inc Stock Dividends
NTG pays dividends quarterly. Last paid amount was $0.770 at Feb 29, 2024. As of today, dividend yield (TTM) is 9.02%.
Dividend Yield Range
AI Analysis of NTG
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 9.02% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.770 |
| Next Ex-Dividend Date | May 23, 2024 |
| Next Payment Date | May 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from NTG the purchase should be done within the next 1 days.
Here's a simple guide on how to buy NTG stock.
NTG Dividend Payout History
To ensure a understanding of NTG'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.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 31 | Aug 09, 2016 | Aug 22, 2016 | Aug 31, 2016 | $4.23 | 2.15% |
| 32 | May 11, 2016 | May 20, 2016 | May 31, 2016 | $4.23 | 2.37% |
| 33 | Feb 10, 2016 | Feb 18, 2016 | Feb 29, 2016 | $4.23 | 2.70% |
| 34 | Nov 10, 2015 | Nov 19, 2015 | Nov 30, 2015 | $4.23 | 2.61% |
| 35 | May 12, 2015 | Aug 20, 2015 | Jul 31, 2015 | $4.23 | 2.03% |
| 36 | May 12, 2015 | May 20, 2015 | May 29, 2015 | $4.23 | 1.74% |
| 37 | Feb 10, 2015 | Feb 18, 2015 | Feb 27, 2015 | $4.22 | 1.61% |
| 38 | Nov 11, 2014 | Nov 19, 2014 | Nov 28, 2014 | $4.21 | 1.51% |
| 39 | Aug 11, 2014 | Aug 20, 2014 | Aug 29, 2014 | $4.21 | 1.42% |
| 40 | May 13, 2014 | May 20, 2014 | May 30, 2014 | $4.21 | 1.48% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
NTG Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from NTG 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 NTG stock here.
Comparing NTG to Sector and Country
NTG pays a solid dividend yield of 9.02%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.83%). NTG’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.97%), which means that there are more attractive dividend stocks to consider.
NTG Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Tortoise MLP Fund Inc | 226.453M | $0.770 | 9.02% | 234.59% |
