Tortoise Pipeline & Energy Fund Inc Stock Dividends
TTP pays dividends quarterly. Last paid amount was $0.590 at Feb 29, 2024. As of today, dividend yield (TTM) is 7.97%.
Dividend Yield Range
AI Analysis of TTP
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 7.97% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.590 |
| Next Ex-Dividend Date | May 23, 2024 |
| Next Payment Date | May 31, 2024 |
TTP Dividend Payout History
To ensure a understanding of TTP'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 | |
|---|---|---|---|---|---|
| 21 | Aug 08, 2019 | Aug 22, 2019 | Aug 30, 2019 | $1.14 | 2.22% |
| 22 | May 07, 2019 | May 23, 2019 | May 31, 2019 | $1.63 | 2.91% |
| 23 | Feb 06, 2019 | Feb 20, 2019 | Feb 28, 2019 | $1.63 | 2.79% |
| 24 | Nov 05, 2018 | Nov 21, 2018 | Nov 30, 2018 | $1.63 | 2.85% |
| 25 | Aug 06, 2018 | Aug 23, 2018 | Aug 31, 2018 | $1.63 | 2.31% |
| 26 | May 07, 2018 | May 23, 2018 | May 31, 2018 | $1.63 | 2.35% |
| 27 | Feb 12, 2018 | Feb 20, 2018 | Feb 28, 2018 | $1.63 | 2.41% |
| 28 | Nov 07, 2017 | Nov 21, 2017 | Nov 30, 2017 | $1.63 | 2.40% |
| 29 | Aug 08, 2017 | Aug 22, 2017 | Aug 31, 2017 | $1.63 | 2.21% |
| 30 | May 10, 2017 | May 22, 2017 | May 31, 2017 | $1.63 | 2.04% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
TTP Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from TTP 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 TTP stock here.
Comparing TTP to Sector and Country
TTP pays a solid dividend yield of 7.97%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.81%). TTP’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.02%), which means that there are more attractive dividend stocks to consider.
TTP Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Colonial Intermediate High Income Fund | 31.787M | $0.0145 | 10.33% | 76.18% | |
| Tortoise Pipeline & Energy Fund Inc | 74.898M | $0.590 | 7.97% | 75.79% |
