Tortoise Energy Infrastructure 4.375% Mandatory Redeemable Preferred Stock
By: Tim McPartland,
S&P Rating NR Moodys Rating NR Fitch AA
Security Ticker Symbol TYG-B
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Market Traded ON NYSE
Dividend Payment Paid on the first day of each month beginning on 02/01/2013
Monthly Dividend .036 Annual Dividend .437
Securities may be redeemed, at the issuers option, as early as anytime (Mandatory Redemption 2027) for a redemption price of $10.10/share plus accrued dividends. After 12/31/2017 redemption is $10/share plus accrued dividends.
Dividend Payment Likely Will be a Qualified Distributions
Maturity Date Mandatory redemption 12/31/2027
Company Investor Relations Page for Tortoise Energy Infrastructure
Below you can find the offering Prospectus and Final Pricing Document
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Tim McPartland
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Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
