News coverage about Tortoise MLP Fund (NYSE:NTG) has been trending very positive this week, according to AlphaOne. AlphaOne, a unit of Accern, rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tortoise MLP Fund earned a media sentiment score of 0.56 on AlphaOne’s scale. AlphaOne also assigned media stories about the investment management company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the near future.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 31st. Investors of record on Wednesday, May 24th will be given a $0.4225 dividend. The ex-dividend date of this dividend is Monday, May 22nd. This represents a $1.69 dividend on an annualized basis and a yield of 8.36%.
Tortoise MLP Fund Company Profile
Tortoise MLP Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of total return with an emphasis on current distributions. It invests primarily in master limited partnerships (MLPs) and their affiliates that own and operate a network of pipeline and energy-related logistical infrastructure assets.
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