Tortoise Energy Dividends
| TYG Stock | USD 44.95 0.52 1.17% |
The Tortoise Energy's current Dividends Paid is estimated to increase to about 70.4 M, while Dividend Yield is projected to decrease to 0.07. Tortoise Energy's past performance could be the main factor of why investors trade Tortoise Energy Infrastructure stock today. Investors should clearly understand every aspect of the Tortoise Energy dividend schedule, including its future sustainability, and how it might impact an overall investment strategy. This tool is helpful to digest Tortoise Energy's dividend schedule and payout information. Tortoise Energy Infrastructure dividends can also provide a clue to the current valuation of Tortoise Energy.
Number Of Dividends | Years Issued 21 | Previous Year 4 Times | Current Year 4 Times | Year Average 3.9 | Volatility 0.3 |
| Last Reported | Projected for Next Year | ||
| Dividends Paid | 36.5 M | 70.4 M | |
| Dividend Yield | 0.09 | 0.07 | |
| Dividend Payout Ratio | (2.34) | (2.22) | |
| Dividend Paid And Capex Coverage Ratio | 2.57 | 1.75 |
Tortoise |
Investing in dividend-paying stocks, such as Tortoise Energy Infrastructure is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Tortoise Energy must own a stock before its ex-dividend date to receive its next dividend.
Tortoise Energy Dividends Paid Over Time
Today, most investors in Tortoise Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tortoise Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's dividends paid growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tortoise Energy dividends paid as a starting point in their analysis.
The total amount of dividends that a company has paid out to its shareholders over a specific period. Dividends Paid |
| Timeline |
Tortoise Energy Historical Dividend Yield Growth
A solid dividend growth pattern of Tortoise Energy could indicate future dividend growth is likely, which can signal long-term profitability for Tortoise Energy Infrastructure. When investors calculate the dividend yield growth rate, they can use any interval of time they wish. They may also calculate the dividend yield growth rate using the least-squares method or simply take an annualized figure over a given time period. Dividend Yield is Tortoise Energy Infrastructure dividend as a percentage of Tortoise Energy stock price. Tortoise Energy Infr dividend yield is a measure of Tortoise Energy stock productivity, which can be interpreted as interest rate earned on an Tortoise Energy investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share. Dividend Yield |
| Timeline |
Recent Tortoise Energy Dividends Paid (per share)
Dividends Paid |
| Timeline |
Tortoise Energy Expected Dividend Income Per Share
Dividend payment represents part of Tortoise Energy's profit that is distributed to its stockholders. It is considered income for that tax year rather than a capital gain. In other words, a dividend is a prize given to shareholders for investing in Tortoise Energy. Tortoise Energy's board of directors can pay out dividends at a planned frequency, such as monthly or quarterly.
$1.82 Bottom Scenario | $1.92 | $2.02 Top Scenario |
One Year
Tortoise Energy Infrastructure expected dividend income per share adjusted for ongoing price standard deviation
Tortoise Energy Past Distributions to stockholders
| 30th of August 2024 | ||
| 31st of May 2024 | ||
| 29th of February 2024 | ||
| 30th of November 2023 | ||
| 31st of August 2023 | ||
| 31st of May 2023 | ||
| 28th of February 2023 | ||
| 30th of November 2022 |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tortoise Energy. If investors know Tortoise will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tortoise Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.097 | Dividend Share 2.84 | Earnings Share 9.76 | Revenue Per Share 1.265 | Quarterly Revenue Growth (0.25) |
The market value of Tortoise Energy Infr is measured differently than its book value, which is the value of Tortoise that is recorded on the company's balance sheet. Investors also form their own opinion of Tortoise Energy's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tortoise Energy's market value can be influenced by many factors that don't directly affect Tortoise Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tortoise Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.