Tortoise Power and Energy Infrastructure Fund About To Put More Money In Your Pocket (TPZ)

Looking at the universe of stocks we cover at Dividend Channel, on 9/19/14, Tortoise Power and Energy Infrastructure Fund (TPZ) will trade ex-dividend, for its monthly dividend of $0.125, payable on 9/30/14. As a percentage of TPZ's recent stock price of $28.29, this dividend works out to approximately 0.44%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for TPZ, showing historical dividends prior to the most recent $0.125 declared by Tortoise Power and Energy Infrastructure Fund:

TPZ+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from TPZ is likely to continue, and whether the current estimated yield of 5.30% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of TPZ shares, versus its 200 day moving average:

Tortoise Power and Energy Infrastructure Fund 200 Day Moving Average Chart

Looking at the chart above, TPZ's low point in its 52 week range is $23.95 per share, with $29.72 as the 52 week high point — that compares with a last trade of $28.29.

In Wednesday trading, Tortoise Power and Energy Infrastructure Fund shares are currently up about 0.2% on the day.

More from Stocks

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat