EVG VET TYG are going ex-dividend tomorrow, Thursday, November 19, 2015
Looking at the universe of stocks we cover at Dividend Channel, on 2/18/15, Tortoise Energy Infrastructure Fund will trade ex-dividend, for its quarterly dividend of $0.64, payable on 2/27/15. As a percentage of TYG's recent stock price of $44.30, this dividend works out to approximately 1.44%, so look for shares of Tortoise Energy Infrastructure Fund to trade 1.44% lower — all else being equal — when TYG shares open for trading on 2/18/15.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Tortoise Energy Infrastructure Fund presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.