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Tortoise Power and Energy Infrastructure Fund Inc Stock Dividends Overview

TPZ pays dividends monthly. Last paid amount was $0.105 at May 31, 2024. As of today, dividend yield (TTM) is 8.13%.

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) 8.13%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.105
Tortoise Power and Energy Infrastructure Fund Inc has not yet announced its next dividend date. Last payment date was: May 31, 2024.

TPZ Dividend Payout History

To ensure a understanding of TPZ'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 May 23, 2024 May 23, 2024 May 31, 2024 $0.105 0.680%
2 Apr 22, 2024 Apr 22, 2024 Apr 30, 2024 $0.105 0.699%
3 Mar 21, 2024 Mar 21, 2024 Mar 29, 2024 $0.105 0.674%
4 Feb 21, 2024 Feb 21, 2024 Feb 29, 2024 $0.105 0.721%
5 Jan 10, 2024 Jan 23, 2024 Jan 31, 2024 $0.105 0.743%
6 Dec 21, 2023 Dec 21, 2023 Dec 29, 2023 $0.105 0.749%
7 Nov 09, 2023 Nov 21, 2023 Nov 30, 2023 $0.105 0.774%
8 Oct 10, 2023 Oct 23, 2023 Oct 31, 2023 $0.105 0.785%
9 Sep 08, 2023 Sep 21, 2023 Sep 29, 2023 $0.105 0.786%
10 Aug 10, 2023 Aug 23, 2023 Aug 31, 2023 $0.105 0.763%

TPZ Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from TPZ 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 TPZ stock here.

Comparing TPZ to Sector and Country

TPZ pays a solid dividend yield of 8.13%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.95%). TPZ’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.78%), which means that there are more attractive dividend stocks to consider.

TPZ Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
TPZ
Tortoise Power and Energy Infrastructure Fund Inc 90.709M $0.105 8.13% 78.24%
CXH
Colonial Investment Grade Municipal Trust 71.288M $0.0255 3.46% 106.39%

FAQ

What factors can affect the amount of TPZ's dividend payments?
The amount of TPZ'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 TPZ sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from TPZ stock be automatically reinvested?
If TPZ 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 TPZ stock.

How often does TPZ pay dividend?
Tortoise Power and Energy Infrastructure Fund Inc (TPZ) pays dividends monthly. The most recent payout was on May 31, 2024.

How much does TPZ pays per share?
The last recorder (May 23, 2024) dividend per share was $0.105.

What is TPZ dividend growth rate?
Over the last year, Tortoise Power and Energy Infrastructure Fund Inc has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 28.06%. Furthermore, examining the past 5 years, Tortoise Power and Energy Infrastructure Fund Inc has maintained an average Dividends Per Share Growth Rate of -3.43%.
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