Tortoise Midstream Energy Fund, Inc. NTG · Stock Open Tortoise Midstream Energy Fund, Inc. in new tab
Tortoise Midstream Energy Fund, Inc. Analysis (NTG)
Is Tortoise Midstream Energy Fund, Inc. a good investment? Tortoise Midstream Energy Fund, Inc. (NTG) is currently trading at 53.36 USD.
In terms of valuation, the stock trades at a P/E ratio of 3.76. This relatively low multiple may signal that Tortoise Midstream Energy Fund, Inc. is undervalued compared to historical market norms.
For income investors, Tortoise Midstream Energy Fund, Inc. pays a dividend yield of 6.92%. With a payout ratio of 235%, the dividend appears to be under pressure.
Investor FAQ
Does Tortoise Midstream Energy Fund, Inc. pay a dividend?
Yes, it pays an annual dividend of 3.69 USD (6.92% yield).
What asset class is Tortoise Midstream Energy Fund, Inc.?
Tortoise Midstream Energy Fund, Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
Company Profile
Tortoise MLP Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. It invests in public equity markets. The fund primarily invests in equity securities of MLPs and their affiliates, with an emphasis on natural gas infrastructure Master Limited Partnerships. It 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. Tortoise MLP Fund, Inc. was formed on July 27, 2010 is domiciled in United States.
| Year | Total Dividends |
|---|---|
| ▸2024 |
3.69 USD
|
| Dec. 13, 2024 | 0.5300 |
| Dec. 13, 2024 | 0.8100 |
| Aug. 30, 2024 | 0.8100 |
| May 31, 2024 | 0.7700 |
| Feb. 29, 2024 | 0.7700 |
| ▸2023 |
3.08 USD
|
| Nov. 30, 2023 | 0.7700 |
| Aug. 31, 2023 | 0.7700 |
| May 31, 2023 | 0.7700 |
| Feb. 28, 2023 | 0.7700 |
| ▸2022 |
3.08 USD
|
| Nov. 30, 2022 | 0.7700 |
| Aug. 31, 2022 | 0.7700 |
| May 31, 2022 | 0.7700 |
| Feb. 28, 2022 | 0.7700 |
| ▸2021 |
1.65 USD
|
| Nov. 30, 2021 | 0.5700 |
| Aug. 31, 2021 | 0.3850 |
| May 28, 2021 | 0.3600 |
| Feb. 26, 2021 | 0.3300 |
| ▸2020 |
0.86 USD
|
| Nov. 30, 2020 | 0.3100 |
| July 31, 2020 | 0.3100 |
| Feb. 28, 2020 | 0.2350 |
| ▸2019 |
1.69 USD
|
| Nov. 29, 2019 | 0.4230 |
| Aug. 30, 2019 | 0.4230 |
| May 31, 2019 | 0.4230 |
| Feb. 28, 2019 | 0.4230 |
| ▸2018 |
1.69 USD
|
| Nov. 30, 2018 | 0.4230 |
| Aug. 31, 2018 | 0.4230 |
| May 31, 2018 | 0.4230 |
| Feb. 28, 2018 | 0.4230 |
| ▸2017 |
1.69 USD
|
| Nov. 30, 2017 | 0.4230 |
| Aug. 31, 2017 | 0.4230 |
| May 31, 2017 | 0.4230 |
| Feb. 28, 2017 | 0.4230 |
| ▸2016 |
1.69 USD
|
| Nov. 30, 2016 | 0.4230 |
| Aug. 31, 2016 | 0.4230 |
| May 31, 2016 | 0.4230 |
| Feb. 29, 2016 | 0.4230 |
| ▸2015 |
1.69 USD
|
| Nov. 30, 2015 | 0.4230 |
| July 31, 2015 | 0.4230 |
| May 29, 2015 | 0.4230 |
| Feb. 27, 2015 | 0.4220 |
| ▸2014 |
1.68 USD
|
| Nov. 28, 2014 | 0.4210 |
| Aug. 29, 2014 | 0.4210 |
| May 30, 2014 | 0.4210 |
| Feb. 28, 2014 | 0.4220 |
| ▸2013 |
1.67 USD
|
| Nov. 29, 2013 | 0.4200 |
| Sept. 3, 2013 | 0.4190 |
| June 3, 2013 | 0.4170 |
| March 1, 2013 | 0.4160 |
| ▸2012 |
1.66 USD
|
| Nov. 20, 2012 | 0.4150 |
| Aug. 22, 2012 | 0.4150 |
| May 21, 2012 | 0.4130 |
| Feb. 17, 2012 | 0.4130 |
| ▸2011 |
1.64 USD
|
| Nov. 18, 2011 | 0.4130 |
| Aug. 22, 2011 | 0.4100 |
| May 20, 2011 | 0.4080 |
| Feb. 16, 2011 | 0.4080 |
| ▸2010 |
0.36 USD
|
| Nov. 18, 2010 | 0.3600 |
| Split Date | Split Ratio to 1 |
|---|---|
| May 1, 2020 | 1:10 |
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