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Tortoise Energy Infrastructure Corporation is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the United States. It seeks to invest in the stocks of companies operating in the energy infrastructure sector, with an emphasis on those companies that are engaged in transporting, processing, storing, distributing or marketing natural gas, natural gas liquids (primarily propane), coal, crude oil or refined petroleum products, or exploring, developing, managing or producing such commodities. The fund primarily invests in securities of publicly traded Master Limited Partnerships and stocks of companies having a market capitalization greater than $100 million. Tortoise Energy Infrastructure Corporation was formed on October 29, 2003 and is domiciled in the United States.

Tortoise Energy Infrastructure Dividend Announcement

Tortoise Energy Infrastructure announced a quarterly dividend of $0.78 per ordinary share which will be made payable on 2024-08-30. Ex dividend date: 2024-08-23
Tortoise Energy Infrastructure annual dividend for 2024 was $2.20
Tortoise Energy Infrastructure annual dividend for 2023 was $2.84
Tortoise Energy Infrastructure's trailing twelve-month (TTM) dividend yield is 7.29%
Tortoise Energy Infrastructure's payout ratio for the trailing twelve months (TTM) is 29.45%
Tortoise Energy Infrastructure's dividend growth over the last five years (2018-2023) was 1.63% year
Tortoise Energy Infrastructure's dividend growth over the last ten years (2013-2023) was 2.19% year

Tortoise Energy Infrastructure Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-23$0.78quarterly2024-08-30
2024-05-23$0.71quarterly2024-05-31
2024-02-21$0.71quarterly2024-02-29
2023-11-21$0.71quarterly2023-11-30
2023-08-23$0.71quarterly2023-08-31
2023-05-23$0.71quarterly2023-05-31
2023-02-17$0.71quarterly2023-02-28
2022-11-22$0.71quarterly2022-11-30
2022-08-23$0.71quarterly2022-08-31
2022-05-23$0.71quarterly2022-05-31
2022-02-17$0.71quarterly2022-02-28
2021-11-22$0.45quarterly2021-11-30
2021-08-23$0.36quarterly2021-08-31
2021-05-20$0.34quarterly2021-05-28
2021-02-18$0.32quarterly2021-02-26
2020-11-20$0.30quarterly2020-11-30
2020-07-23$0.30quarterly2020-07-31
2020-02-20$0.40quarterly2020-02-28
2019-11-21$0.66quarterly2019-11-29
2019-08-22$0.66quarterly2019-08-30
2019-05-23$0.66quarterly2019-05-31
2019-02-20$0.66quarterly2019-02-28
2018-11-21$0.66quarterly2018-11-30
2018-08-23$0.66quarterly2018-08-31
2018-05-23$0.66quarterly2018-05-31
2018-02-20$0.66quarterly2018-02-28
2017-11-21$0.66quarterly2017-11-30
2017-08-22$0.66quarterly2017-08-31
2017-05-22$0.66quarterly2017-05-31
2017-02-16$0.66quarterly2017-02-28
2016-11-21$0.66quarterly2016-11-30
2016-08-22$0.66quarterly2016-08-31
2016-05-20$0.66quarterly2016-05-31
2016-02-18$0.66quarterly2016-02-29
2015-11-19$0.66quarterly2015-11-30
2015-08-20$0.65quarterly2015-08-31
2015-05-20$0.65quarterly2015-05-29
2015-02-18$0.64quarterly2015-02-27
2014-11-19$0.61quarterly2014-11-28
2014-08-20$0.61quarterly2014-08-29
2014-05-20$0.58quarterly2014-05-30
2014-02-19$0.58quarterly2014-02-28
2013-11-20$0.57quarterly2013-11-29
2013-08-21$0.57quarterly2013-09-03
2013-05-21$0.57quarterly2013-06-03
2013-02-19$0.57quarterly2013-03-01

Tortoise Energy Infrastructure Dividend per year

Tortoise Energy Infrastructure Dividend growth

Tortoise Energy Infrastructure Dividend Yield

Tortoise Energy Infrastructure current trailing twelve-month (TTM) dividend yield is 7.29%. Interested in purchasing Tortoise Energy Infrastructure stock? Use our calculator to estimate your expected dividend yield:

Tortoise Energy Infrastructure Financial Ratios

P/E ratio4.09
PEG ratio0.01
P/B ratio0.99
ROE25.77%
Payout ratio29.45%
Current ratio0.24
Quick ratio0.24
Cash Ratio-0.02

Tortoise Energy Infrastructure Dividend FAQ

How much is the next Tortoise Energy Infrastructure dividend?
Tortoise Energy Infrastructure's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Tortoise Energy Infrastructure dividend. The next Tortoise Energy Infrastructure dividend will be released in February, May, August, or November.
When is Tortoise Energy Infrastructure dividend paid?
Tortoise Energy Infrastructure pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Tortoise Energy Infrastructure pay?
The specific amount of Tortoise Energy Infrastructure dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tortoise Energy Infrastructure's dividend history.
Does Tortoise Energy Infrastructure stock pay dividends?
Yes, Tortoise Energy Infrastructure does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Tortoise Energy Infrastructure's dividend history.
How much dividend does Tortoise Energy Infrastructure pay?
Tortoise Energy Infrastructure paid $2.2 in 2024, $2.84 in 2023, $2.84 in 2022, $1.47 in 2021, and $0.995 in 2020.
How often does Tortoise Energy Infrastructure pay dividends?
Tortoise Energy Infrastructure typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Tortoise Energy Infrastructure's dividend yield?
The current dividend yield for Tortoise Energy Infrastructure is 7.29%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Tortoise Energy Infrastructure's exact dividend yield.
When does Tortoise Energy Infrastructure go ex dividend?
Tortoise Energy Infrastructure's ex-dividend date for the latest dividend was on 2024-08-23. Tortoise Energy Infrastructure typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Tortoise Energy Infrastructure dividend paid?
Tortoise Energy Infrastructure pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Tortoise Energy Infrastructure increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Tortoise Energy Infrastructure will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Tortoise Energy Infrastructure dividend per share?
Tortoise Energy Infrastructure paid $2.2 per share in 2024 and $2.84 per share in 2023. The amount of dividend per share that Tortoise Energy Infrastructure pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Tortoise Energy Infrastructure a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Tortoise Energy Infrastructure a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Tortoise Energy Infrastructure a dividend stock?
Yes, Tortoise Energy Infrastructure is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Tortoise Energy Infrastructure a good dividend stock?
Whether Tortoise Energy Infrastructure is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Tortoise Energy Infrastructure has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Tortoise Energy Infrastructure as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Tortoise Energy Infrastructure pay dividends monthly?
Tortoise Energy Infrastructure typically pays dividends on a quarterly basis.
Does Tortoise Energy Infrastructure pay dividends quarterly?
Tortoise Energy Infrastructure currently pays dividends on a quarterly basis.
Has Tortoise Energy Infrastructure ever paid a dividend?
Yes, Tortoise Energy Infrastructure has a history of paying dividends to its shareholders. Tortoise Energy Infrastructure is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Tortoise Energy Infrastructure dividend stocks?
To buy Tortoise Energy Infrastructure you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Tortoise Energy Infrastructure stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Tortoise Energy Infrastructure pay dividends 2024?
Tortoise Energy Infrastructure pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-30. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Tortoise Energy Infrastructure increase its dividend in 2024?
Decisions regarding Tortoise Energy Infrastructure dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Tortoise Energy Infrastructure dividend overview you can look into the above table of dividend history.
How Tortoise Energy Infrastructure dividend works?
The Tortoise Energy Infrastructure dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Tortoise Energy Infrastructure's dividend process works:

1. Determination of Dividend: Tortoise Energy Infrastructure's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Tortoise Energy Infrastructure publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Tortoise Energy Infrastructure distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Tortoise Energy Infrastructure are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Tortoise Energy Infrastructure dividends paid?
Tortoise Energy Infrastructure dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Tortoise Energy Infrastructure sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Tortoise Energy Infrastructure distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Tortoise Energy Infrastructure declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Tortoise Energy Infrastructure pay dividends?
Tortoise Energy Infrastructure typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Tortoise Energy Infrastructure pay dividends?
The general pattern is that Tortoise Energy Infrastructure pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Tortoise Energy Infrastructure dividend safe?
The safety of Tortoise Energy Infrastructure's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Tortoise Energy Infrastructure's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Tortoise Energy Infrastructure's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.