Tortoise Energy Infrastructure (Tortoise Energy Infrastructure) 3-Year Dividend Growth Rate : 9.20% (As of Nov. 2023)

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What is Tortoise Energy Infrastructure 3-Year Dividend Growth Rate?

Tortoise Energy Infrastructure's Dividends per Share for the six months ended in Nov. 2023 was $0.00.

The historical rank and industry rank for Tortoise Energy Infrastructure's 3-Year Dividend Growth Rate or its related term are showing as below:

TYGPRB.PFD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -48 Med: -20.6 Max: 9.2
Current: 9.2

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Tortoise Energy Infrastructure was 9.20% per year. The lowest was -48.00% per year. And the median was -20.60% per year.

TYGPRB.PFD's 3-Year Dividend Growth Rate is ranked better than
73.96% of 864 companies
in the Asset Management industry
Industry Median: 1.7 vs TYGPRB.PFD: 9.20

During the past 3 years, the average Dividends Per Share Growth Rate was 9.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -26.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Tortoise Energy Infrastructure's Dividend Payout Ratio for the six months ended in Nov. 2023 was 0.00. As of today, Tortoise Energy Infrastructure's Dividend Yield % is 0.36%.

For more information regarding to dividend, please check our Dividend Page.

Competitive Comparison of Tortoise Energy Infrastructure's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Tortoise Energy Infrastructure's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 Energy Infrastructure's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Energy Infrastructure's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Tortoise Energy Infrastructure's 3-Year Dividend Growth Rate falls into.

Tortoise Energy Infrastructure 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Tortoise Energy Infrastructure (NYSE:TYGPRB.PFD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Tortoise Energy Infrastructure's Dividend Payout Ratio for the quarter that ended in Nov. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Nov. 2023 )	/	EPS without NRI (Q: Nov. 2023 )
	=	0	/	0
	=	N/A

During the past 7 years, the highest Dividend Payout Ratio of Tortoise Energy Infrastructure was 1.25. The lowest was 0.15. And the median was 0.33.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

During the past 7 years, the highest Dividend Yield of Tortoise Energy Infrastructure was 109.62%. The lowest was 0.36%. And the median was 9.31%.

* 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 Energy Infrastructure 3-Year Dividend Growth Rate Related Terms>

Tortoise Energy Infrastructure (Tortoise Energy Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tortoise Energy Infrastructure Corp. (NYSE:TYGPRB.PFD) » Definitions » 3-Year Dividend Growth Rate

Comparable Companies

Traded in Other Exchanges

TYG:USA

Address

6363 College Boulevard, Suite 100A, Overland Park, Leawood, KS, USA, 66211

Website

https://www.tortoiseadvisors.com

Tortoise Energy Infrastructure Corp seeks to provide a high level of current income to stockholders. It invests in fixed income and dividend-paying equity securities of power and energy infrastructure companies that provide stable and defensive characteristics throughout economic cycles.