Tortoise Power & Energy Stock (NYSE: TPZ)

Latest news for Tortoise Power & Energy (NYSE:TPZ) Stock

Tortoise Power & Energy

Tortoise Power & Energy Infra Fd Inc is a closed-ended fund. Its primary investment objective is to provide a high level of current income. Its secondary objective is capital appreciation. The company invests in a portfolio of fixed income and equity securities issued by power and energy infrastructure companies.

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Tortoise Power and Energy Infrastructure Fund, Inc Common Stock

Tortoise Power & Energy Infra Fd Inc

Topaz Energy Corp

Wednesday marks the last chance for investors to receive the next dividend payout from Tortoise Power &amp; Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPZ#NYSE">TPZ</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a monthly dividend of 10.5 cents per share. On Thursday, Tortoise Power &amp; Energy will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10.5 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own TPZ as of the end of Wednesday's session are eligible to receive the 10.5 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on March 29, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/TPZ">Monitor live stock price updates for Tortoise Power &amp; Energy on Benzinga.</a>

Dividends

Wednesday Is Your Last Chance To Buy Tortoise Power & Energy Before The Dividend Payout

Monday marks the last chance for investors to receive the next dividend payout from Tortoise Power &amp; Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPZ#NYSE">TPZ</a>). 
<h3>What's Happening</h3>
The company announced on Thursday that it would pay shareholders a monthly dividend of 10.5 cents per share. On Tuesday, Tortoise Power &amp; Energy will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10.5 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own TPZ as of the end of Monday's session are eligible to receive the 10.5 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on November 30, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on Tortoise Power &amp; Energy's previous dividends.
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Monday Is Your Last Chance To Buy Tortoise Power & Energy Before The Dividend Payout

RBC Capital analyst Luke Davis maintains Tortoise Power &amp; Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPZ#NYSE">TPZ</a>) with a Outperform and lowers the price target from $30 to $28.

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Analyst Ratings

RBC Capital Maintains Outperform on Tortoise Power & Energy, Lowers Price Target to $28

Friday marks the last chance for investors to receive the next dividend payout from Tortoise Power &amp; Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPZ#NYSE">TPZ</a>). 
<h3>What's Happening</h3>
The company announced on Tuesday that it would pay shareholders a monthly dividend of 10.5 cents per share. On Monday, Tortoise Power &amp; Energy will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10.5 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own TPZ as of the end of Friday's session are eligible to receive the 10.5 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on January 31, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Tortoise Power & Energy's Ex-Dividend Date Is Monday, Here's What You Need To Know

Wednesday marks the last chance for investors to receive the next dividend payout from Tortoise Power &amp; Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPZ#NYSE">TPZ</a>). 
<h3>What's Happening</h3>
The company announced on Monday that it would pay shareholders a monthly dividend of 10.5 cents per share. On Thursday, Tortoise Power &amp; Energy will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 10.5 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own TPZ as of the end of Wednesday's session are eligible to receive the 10.5 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on December 30, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

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Latest news for Tortoise Power & Energy (NYSE:TPZ) Stock