Tortoise Energy Independence Fund, Inc. (NYSE:NDP) Announces Quarterly Dividend of $0.63

Tortoise Energy Independence Fund, Inc. (NYSE:NDP) announced a quarterly dividend on Monday, November 4th, NASDAQ reports. Shareholders of record on Friday, November 22nd will be given a dividend of 0.63 per share on Friday, November 29th. This represents a $2.52 dividend on an annualized basis and a yield of 6.32%. The ex-dividend date of this dividend is Friday, November 22nd.

Tortoise Energy Independence Fund has raised its dividend by an average of 46.6% per year over the last three years.

Tortoise Energy Independence Fund Trading Up 0.5 %

NDP opened at $39.85 on Wednesday. Tortoise Energy Independence Fund has a 12-month low of $27.38 and a 12-month high of $41.07. The stock has a 50-day moving average price of $38.62 and a 200-day moving average price of $36.32.

About Tortoise Energy Independence Fund

Tortoise Energy Independence Fund, Inc is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC The fund invests in the public equity markets of the North American. It seeks to invest primarily in the energy sector. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio.