Tortoise Energy Infrastructure (Tortoise Energy Infrastructure) Dividend Payout Ratio : 0.44 (As of Nov. 2023)

View and export this data going back to . Start your Free Trial

What is Tortoise Energy Infrastructure Dividend Payout Ratio?

Tortoise Energy Infrastructure's dividend payout ratio for the months ended in Nov. 2023 was 0.44.

The historical rank and industry rank for Tortoise Energy Infrastructure's Dividend Payout Ratio or its related term are showing as below:

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.

TYG's Dividend Payout Ratio is not ranked ^*
in the Asset Management industry.
Industry Median: 0.82
* Ranked among companies with meaningful Dividend Payout Ratio only.

As of today (2024-04-26), the Dividend Yield % of Tortoise Energy Infrastructure is 8.95%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Tortoise Energy Infrastructure was 109.62%. The lowest was 2.04%. And the median was 9.31%.

Tortoise Energy Infrastructure's Dividends per Share for the months ended in Nov. 2023 was $1.42.

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.

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.

The growth rate is calculated with least square regression.

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

Tortoise Energy Infrastructure Dividend Payout Ratio Historical Data

The historical data trend for Tortoise Energy Infrastructure's Dividend Payout Ratio 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 Energy Infrastructure Dividend Payout Ratio Chart

Tortoise Energy Infrastructure Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Dividend Payout Ratio

Get a 7-Day Free Trial

0.15

0.33

Tortoise Energy Infrastructure Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Dividend Payout Ratio	Get a 7-Day Free Trial								-	0.20	0.94	-	0.44

Competitive Comparison of Tortoise Energy Infrastructure's Dividend Payout Ratio

For the Asset Management subindustry, Tortoise Energy Infrastructure's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tortoise Energy Infrastructure's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tortoise Energy Infrastructure's Dividend Payout Ratio falls into.

Tortoise Energy Infrastructure Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio	=	Dividends per Share (A: Nov. 2023 )	/	EPS without NRI (A: Nov. 2023 )
	=	2.84	/	-1.22
	=	N/A

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 )
	=	1.42	/	3.21
	=	0.44

Tortoise Energy Infrastructure (NYSE:TYG) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Tortoise Energy Infrastructure Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Tortoise Energy Infrastructure's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Tortoise Energy Infrastructure (Tortoise Energy Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tortoise Energy Infrastructure Corp (NYSE:TYG) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

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.

Executives

Ciccotello Conrad S	director	5100 W. 115TH PLACE, LEAWOOD KS 66211
Michael Charles Perry	officer: Vice President	6363 COLLEGE BOULEVARD, SUITE 100A, OVERLAND PARK KS 66211
Jennifer Paquette	director	5100 W. 115TH PLACE, LEAWOOD KS 66211
H Kevin Birzer	director, 10 percent owner	5100 W. 115TH PLACE, LEAWOOD KS 66211
Gengler Courtney	officer: Vice President	5200 W. 115TH PLACE, LEAWOOD KS 66211
Rand C Berney	director	11550 ASH STREET, SUITE 300, LEAWOOD KS 66211
Brian Alan Kessens	other: Member of Investment Committee	5100 W. 115TH PLACE, LEAWOOD KS 66211
P. Bradley Adams	officer: Chief Financial Officer	5100 W. 115TH PLACE, LEAWOOD KS 66211
Matthew Sallee	officer: President	5100 W. 115TH PLACE, LEAWOOD KS 66211
Alexandra Herger	director	5100 W. 115TH PLACE, LEAWOOD KS 66211
Guardian Life Insurance Co Of America	10 percent owner	10 HUDSON YARDS, NY NY 10001
Shobana Gopal	officer: Vice President	5100 W. 115TH PLACE, LEAWOOD KS 66211
Sean Paul Wickliffe	officer: Vice President & Asst Treas.	6363 COLLEGE BOULEVARD, OVERLAND PARK KS 66211
Nicholas Scott Holmes	officer: Vice President	5100 W. 115TH PLACE, LEAWOOD KS 66211
Ryan Channell	officer: Vice President	5100 W. 115TH PLACE, LEAWOOD KS 66211