Tortoise MLP Fund Inc (NYSE:NTG) insider Brian Alan Kessens acquired 3,000 shares of the firm’s stock in a transaction dated Thursday, December 6th. The stock was bought at an average price of $13.30 per share, for a total transaction of $39,900.00. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.
Shares of NTG traded down $0.24 during trading hours on Thursday, hitting $13.50. The company had a trading volume of 747,300 shares, compared to its average volume of 329,560. Tortoise MLP Fund Inc has a 52-week low of $13.06 and a 52-week high of $21.09.
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 30th. Stockholders of record on Friday, November 23rd were issued a $0.423 dividend. The ex-dividend date of this dividend was Wednesday, November 21st. This represents a $1.69 annualized dividend and a dividend yield of 12.53%.
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Tortoise MLP Fund Company Profile
Tortoise MLP Fund, Inc is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors LLC 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.
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