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Tortoise Power & Energy Infra Fd (Tortoise Power & Energy Infra Fd) Total Payout Ratio : 0.78 (As of Jun. 24, 2024)


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What is Tortoise Power & Energy Infra Fd Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Tortoise Power & Energy Infra Fd's current Total Payout Ratio is 0.78.

Tortoise Power & Energy Infra Fd Total Payout Ratio Historical Data

The historical data trend for Tortoise Power & Energy Infra Fd's Total 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 Power & Energy Infra Fd Total Payout Ratio Chart

Tortoise Power & Energy Infra Fd Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Total Payout Ratio
Get a 7-Day Free Trial -2.69 -0.31 0.49 1.02 0.78

Tortoise Power & Energy Infra Fd Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Total Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.74 0.30 7.95 -0.32 -0.14

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

For the Asset Management subindustry, Tortoise Power & Energy Infra Fd's Total Payout Ratio, along with its competitors' market caps and Total 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 Power & Energy Infra Fd's Total Payout Ratio Distribution in the Asset Management Industry

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

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


Tortoise Power & Energy Infra Fd Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

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

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (0 + 0 + -7.78) / 9.943
=0.78

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

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (0 + 0 + 8.311) / 60.148
=-0.14

* 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 Ratio Related Terms

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

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tortoise Power & Energy Infra Fd Inc (NYSE:TPZ) » Definitions » Total Payout Ratio
Comparable Companies
SRV WHG IHD NMI BCV RMI PCM OCCI NMT HNW BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Suite 100A, Overland Park, KS, USA, 66211
Website
https://www.tortoiseecofin.com
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