Tortoise Energy Capital Fund's Series C Mandatory Redeemable Preferred Shares Ex-Dividend Reminder
On 6/11/14, Tortoise Energy Capital Fund's 3.95% Series C Mandatory Redeemable Preferred Shares (Symbol: TYY.PRC) will trade ex-dividend, for its monthly dividend of $0.0329, payable on 7/1/14. As a percentage of TYY.PRC's recent share price of $10.25, this dividend works out to approximately 0.32%. On an annualized basis, the current yield is approximately 3.85%, which compares to an average yield of 5.53% in the "Financial" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of TYY.PRC shares, versus TYY:
Below is a dividend history chart for TYY.PRC, showing historical dividends prior to the most recent $0.0329 on Tortoise Energy Capital Fund's 3.95% Series C Mandatory Redeemable Preferred Shares :
In Monday trading, Tortoise Energy Capital Fund's 3.95% Series C Mandatory Redeemable Preferred Shares (Symbol: TYY.PRC) is currently trading flat on the day, while the common shares (Symbol: TYY) are trading flat.
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