Tortoise Pipeline & Energy Fund, Inc.

Tortoise Pipeline & Energy Fund, Inc.verified

TTP

Price:

$47.61

Market Cap:

$95.72M

Tortoise Pipeline & Energy Fund, Inc. is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. Tortoise Pipeline & Energy Fund, Inc. was formed on July 19, 2011 and is domiciled in the United States.[Read more]

Industry

Asset Management

IPO Date

2011-10-27

Stock Exchange

NYSE

Ticker

TTP

The Dividend Yield as of December 2024 (TTM) for Tortoise Pipeline & Energy Fund, Inc. (TTP) is 5.32%

According to Tortoise Pipeline & Energy Fund, Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 5.32%. This represents a change of 165.73% compared to the average of 2.00% of the last 4 quarters.

Tortoise Pipeline & Energy Fund, Inc. (TTP) Historical Dividend Yield (quarterly & annually)

How has TTP Dividend Yield performed in the past?

The mean historical Dividend Yield of Tortoise Pipeline & Energy Fund, Inc. over the last ten years is 8.98%. The current 5.32% Dividend Yield has changed -40.71% with respect to the historical average. Over the past ten years (40 quarters), TTP's Dividend Yield was at its highest in in the May 2022 quarter at 3.97%. The Dividend Yield was at its lowest in in the February 2021 quarter at 0.80%.

Quarterly (TTM)
Annual

Average

8.98%

Median

9.24%

Minimum

4.62%

Maximum

12.02%

Tortoise Pipeline & Energy Fund, Inc. (TTP) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Tortoise Pipeline & Energy Fund, Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 110.30%

Maximum Annual Dividend Yield = 12.02%

Minimum Annual Increase = -58.26%

Minimum Annual Dividend Yield = 4.62%

Quarterly (TTM)
Annual
YearDividend YieldChange
20238.76%5.98%
20228.26%78.75%
20214.62%-58.26%
202011.07%-7.91%
201912.02%5.39%
201811.41%17.22%
20179.73%30.45%
20167.46%-33.17%
201511.16%110.30%
20145.31%-6.41%

Tortoise Pipeline & Energy Fund, Inc. (TTP) Average Dividend Yield

How has TTP Dividend Yield performed in the past?

The current Dividend Yield of Tortoise Pipeline & Energy Fund, Inc. (TTP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

7.21%

5-year avg

8.95%

10-year avg

8.98%

Tortoise Pipeline & Energy Fund, Inc. (TTP) Dividend Yield vs. Peers

How is TTP’s Dividend Yield compared to its peers?

Tortoise Pipeline & Energy Fund, Inc.’s Dividend Yield is less than Tortoise Energy Infrastructure Corporation (7.73%), less than Tortoise Power and Energy Infrastructure Fund, Inc. (5.72%), less than Tortoise Energy Independence Fund, Inc. (5.31%), less than Apollo Tactical Income Fund Inc. (9.26%), greater than Invesco High Income 2023 Target Term Fund (0%), less than Abrdn Australia Equity Fund Inc (11.42%), less than ClearBridge MLP and Midstream Total Return Fund Inc. (5.22%), less than Nuveen Multi-Market Income Fund (5.53%), greater than Blackhawk Growth Corp. (0%), less than Mount Logan Capital Inc. (4.73%), less than Urbana Corporation (2.15%), greater than Elysee Development Corp. (0%), less than Guardian Capital Group Limited (3.39%), greater than Flow Capital Corp. (0%), greater than Princeton Capital Corporation (0%),

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