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Tortoise Power & Energy Infra Fd (Tortoise Power & Energy Infra Fd) Total Payout Yield % : 8.44 (As of May. 18, 2024)


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What is Tortoise Power & Energy Infra Fd Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Tortoise Power & Energy Infra Fd's current Total Payout Yield % is 8.44%.


Tortoise Power & Energy Infra Fd Total Payout Yield % Historical Data

The historical data trend for Tortoise Power & Energy Infra Fd's Total Payout Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tortoise Power & Energy Infra Fd Total Payout Yield % Chart

Tortoise Power & Energy Infra Fd Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Total Payout Yield %
Get a 7-Day Free Trial 9.63 11.54 10.21 14.88 9.73

Tortoise Power & Energy Infra Fd Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Total Payout Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.15 7.63 9.65 41.62 -20.80

Competitive Comparison of Tortoise Power & Energy Infra Fd's Total Payout Yield %

For the Asset Management subindustry, Tortoise Power & Energy Infra Fd's Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tortoise Power & Energy Infra Fd's Total Payout Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Power & Energy Infra Fd's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Tortoise Power & Energy Infra Fd's Total Payout Yield % falls into.



Tortoise Power & Energy Infra Fd Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Tortoise Power & Energy Infra Fd's Total Payout Yield % for the fiscal year that ended in Nov. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (0 + 0 + -7.78) / 79.9296069
=9.73%

Tortoise Power & Energy Infra Fd's annualized Total Payout Yield % for the quarter that ended in Nov. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (0 + 0 + 8.311) * 2 / 79.9296069
=-20.80%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tortoise Power & Energy Infra Fd Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.


Tortoise Power & Energy Infra Fd Total Payout Yield % Related Terms

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Tortoise Power & Energy Infra Fd (Tortoise Power & Energy Infra Fd) Business Description

Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
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.
Executives
Ciccotello Conrad S director, 10 percent owner 5100 W. 115TH PLACE, LEAWOOD KS 66211
Jennifer Paquette director 5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer other: Affiliate of Inv Advisor 5100 W. 115TH PLACE, LEAWOOD KS 66211
Brian Alan Kessens officer: President 5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams officer: Chief Financial Officer 5100 W. 115TH PLACE, LEAWOOD KS 66211
Matthew Sallee other: Member of Investment Committee 5100 W. 115TH PLACE, LEAWOOD KS 66211
Alexandra Herger director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney director 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Sean Paul Wickliffe officer: Vice President & Asst Treas. 6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Gengler Courtney officer: Vice President 5200 W. 115TH PLACE, LEAWOOD KS 66211
Ryan Channell officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Adam T Peltzer officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Charles E Heath director 180801 MASTIN BLVD, OVERLAND PARK KS 66210
Lovell Minnick Partners Llc 10 percent owner, other: Control Person of Adviser 555 EAST LANCASTER AVENUE, SUITE 510, RADNOR PA 19087
James Ryan Mick other: Member of Investment Committee 11550 ASH STREET, SUITE 300, LEAWOOD KS 66211