Tortoise Pipeline And Energy. (TTP) Declares Initial Qtr. Distribution of $0.40625; Yields 6.5%

December 1, 2011 6:25 AM EST
Tortoise Pipeline And Energy Fund, Inc. (NYSE: TTP) declared its initial quarterly distribution of $0.40625 per share, or $1.625 annualized.

The distribution will be payable on March 1, 2012, to stockholders of record on February 22, 2012, with an ex-distribution date of February 17, 2012.

The annual yield on the distribution is 6.5 percent.


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