NTG News and Press, Tortoise Midstream Energy Fund Inc. From 05/18/21

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 7.10% last month. The index has increased by 45.19% since last April. The current yield on MLPs stands at 8.52%. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color ...

Tortoise Midstream Energy Fund (NTG) declares $0.36/share quarterly dividend, 9.1% increase from prior dividend of $0.33.Forward yield 5.06%Payable May 28; for shareholders of record May 21; ex-div May 20.See NTG Dividend Scorecard, Yield Chart, & Dividend Growth. For further details se...

Distribution Amounts and Dates Declared for: Tortoise Energy Infrastructure Corp. (NYSE:TYG) Tortoise Midstream Energy Fund, Inc. (NYSE:NTG) Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP) Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ) Tortoise ...

President Biden supports raising the corporate tax rate from 21% to 28%, and the Biden Administration has also proposed raising the income tax rate for the highest earners from 37% to 39.6% and increasing the rate on capital gains and dividends from 20% to 39.6% for those with annual inco...

LEAWOOD, KS / ACCESSWIRE / May 3, 2021 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of April 30, 2021, the company...

Cost management and asset optimization helped partially offset macro headwinds in 2020, contributing to stable EBITDA and allowing excess cash flow to be used for debt reduction and in some cases, buybacks. While controlling costs helped many companies navigate market headwinds, some ...

Midstream MLPs, as measured by the Solactive MLP Infrastructure Index, increased 8.33% last month. The index has increased by 100.36% since last March. The current yield on MLPs stands at 9.04%. The Enterprise Value to EBITDA ratio (EV-to-EBITDA), which seeks to provide more color...

Private equity activity in midstream has served as a catalyst for the space in the past, and a more stable macro environment could lead to additional transactions in 2021 after a relatively quiet 2020. Thus far in 2021, there have been some examples of private equity purchasing non-co...

LEAWOOD, KS / ACCESSWIRE / April 1, 2021 / Tortoise today announced the following unaudited balance sheet information and asset coverage ratio updates for TYG, NTG, TTP, NDP, TPZ and TEAF. Tortoise Energy Infrastructure Corp. (NYSE:TYG) today announced that as of March 31, 2021, the compa...

One of the potential tailwinds for midstream in 2021 relative to past recoveries is the proliferation of buyback programs supported by expectations for robust free cash flow generation this year. Since Alerian's last buyback note in November, Pembina Pipeline (PPL CN) formally announc...