NDP Projected Dividend Yield

Tortoise Energy Independence Fund Inc ( NYSE : NDP )

ortoise Energy Independence Fund is a closed-end management investment company. The Fund's investment objective is to seek high total return with an emphasis on current distributions paid to stockholders. The Fund invests primarily in equity securities of upstream North American energy companies that engage in the exploration and production of crude oil, condensate, natural gas and natural gas liquids that have presence in North American oil and gas fields, including shale reservoirs.

13 YEAR PERFORMANCE RESULTS

NDP Dividend History Detail
NDP Dividend News
NDP Competitors News
# of Shares: 0 Closing Price: 33.56 Current Market Value: 0.00 Cost Basis: 0.00 Date Acquired:
Dividend Cash Flow
Year Annual Dividend Dividend Growth # of Shares Annual Dividend Income Yield On Cost %
2021 0.62 0% 0 $ 0.00 0.00%
2022 2.08 235% 0 $ 0.00 0.00%
2023 2.52 21% 0 $ 0.00 0.00%
2024 2.52 13% 0 $ 0.00 7.51%
2025 2.85 13% 0 $ 0.00 8.49%
2026 3.22 13% 0 $ 0.00 9.59%
2027 3.64 13% 0 $ 0.00 10.84%
2028 4.11 13% 0 $ 0.00 12.25%
2029 4.64 13% 0 $ 0.00 13.84%
2030 5.25 13% 0 $ 0.00 15.64%
2031 5.93 13% 0 $ 0.00 17.67%
2032 6.70 13% 0 $ 0.00 19.97%
2033 7.57 13% 0 $ 0.00 22.57%
2034 8.56 13% 0 $ 0.00 25.50%
Using the current years Dividend Growth rate of 13% and projecting 13% forward the annual dividend income in 10yrs would be $ 0.00 with a yield on cost % of 25.50%
Rolling Last 4 qtrs dividends total $ 2.52 and Previous last 4 qtrs dividends total $ 2.23
Dividend 1 Yr Growth = ( 2.52 – 2.23 ) × 100 = 13% (Click the Edit pencil if you want to modify the forward dividend growth rate projection)
2.23
Year
Declaration Date
Ex-Dividend Date
Record Date
Payable Date
Dividend $ Amount
2024
Feb 07, 2024
Feb 21, 2024
Feb 22, 2024
Feb 29, 2024
0.6300
2024 Total:
0.6300
2023
Nov 09, 2023
Nov 21, 2023
Nov 22, 2023
Nov 30, 2023
0.6300
2023
Aug 10, 2023
Aug 23, 2023
Aug 24, 2023
Aug 31, 2023
0.6300
2023
May 09, 2023
May 23, 2023
May 24, 2023
May 31, 2023
0.6300
2023
Feb 09, 2023
Feb 17, 2023
Feb 21, 2023
Feb 28, 2023
0.6300
2023 Total:
2.5200
2022
Nov 08, 2022
Nov 22, 2022
Nov 23, 2022
Nov 30, 2022
0.5600
2022
Aug 09, 2022
Aug 23, 2022
Aug 24, 2022
Aug 31, 2022
0.5600
2022
May 10, 2022
May 23, 2022
May 24, 2022
May 31, 2022
0.4800
2022
Jan 18, 2022
Feb 17, 2022
Feb 21, 2022
Feb 28, 2022
0.4800
2022 Total:
2.0800
2021
Nov 09, 2021
Nov 22, 2021
Nov 23, 2021
Nov 30, 2021
0.3100
2021
Aug 09, 2021
Aug 23, 2021
Aug 24, 2021
Aug 31, 2021
0.3100
2021 Total:
0.6200
X
Search Dividend Investor