
Tortoise Energy Infrastructure Corporation
TYGFinancial Services · Asset Management · Stock · monthly payer
Forward Yield
14.11%
Annual Dividend
$5.15
Payout Ratio
77%
5-Yr Growth
5.0%
Ex-Date
Oct 23, 2026
Frequency
Monthly
Key facts about TYG's dividend
Data as of · Source: SmarterDividends data
- As of Oct 14, 2026, Tortoise Energy Infrastructure Corporation (TYG) has a forward dividend yield of 14.11%, based on an annual dividend of $5.15 per share and a share price of $40.39.
- As of Oct 14, 2026, TYG's dividend safety grade from SmarterDividends is C (50 out of 100), which rates the dividend as borderline.
- TYG last cut its regular dividend in 2025.
- TYG's next ex-dividend date is Oct 23, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 14, 2026, TYG pays out 77% of its trailing 12-month earnings as dividends (its payout ratio).
- TYG's dividend has grown at an average rate of 5.0% a year over the past five years.
- As of Oct 14, 2026, TYG's 14.11% yield is 60% above its five-year average yield of 8.82%.
- As of Oct 14, 2026, SmarterDividends' blended fair-value estimate for TYG is $110.68 per share, 174% above the $40.39 share price, so TYG screens as undervalued.
- Tortoise Energy Infrastructure Corporation (TYG) pays its dividend monthly, 12 times a year.
Cite this page
SmarterDividends, "TYG Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 14, 2026, https://smarterdividends.com/stocks/TYG
Summary
As of Oct 14, 2026, Tortoise Energy Infrastructure Corporation (TYG) yields 14.11% ($5.15 a year per share) and has a dividend safety grade of C (50/100).
Is TYG a good dividend stock?
MixedTortoise Energy Infrastructure Corporation (TYG) pays a monthly dividend yielding 14.11% ($5.15/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Strong 5.0% 5-yr dividend growth
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 14.11%
- Payout Ratio
- 77%
- Annual Dividend
- $5.15
- 5-Yr Avg Growth
- 5.0%
- Ex-Dividend Date
- Oct 23, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.78
- Market Cap
- $1.0B
- P/E Ratio
- 5.6
- 5-Yr Total Return
- 32%
- 52-Week Range
- $37.45 – $51.18
- Dividend Safety
- C · 50/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
Is TYG a good dividend stock?
Mixed. Tortoise Energy Infrastructure Corporation (TYG) pays a monthly dividend yielding 14.11% ($5.15/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Is TYG undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TYG's fair value is about $110.68 versus a $40.39 share price — so it looks undervalued (+174% vs. fair value).
Is TYG's dividend safe?
TYG has a dividend-safety grade of C (50/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.
What is TYG's fair value?
Our blended fair-value estimate for TYG is about $110.68 per share, roughly 174% above the current $40.39 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is TYG a buy, hold, or sell?
We don't issue formal ratings, but on the data TYG screens as "mixed" and undervalued. Tortoise Energy Infrastructure Corporation (TYG) pays a monthly dividend yielding 14.11% ($5.15/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.
Will TYG cut its dividend?
TYG earns a dividend-safety grade of C (50/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does TYG pay a dividend?
Yes. Tortoise Energy Infrastructure Corporation pays a monthly dividend of about $5.15 per share annually, a forward yield of roughly 14.11%.
What is TYG's dividend yield?
As of Oct 14, 2026, TYG's forward dividend yield is 14.11%, based on a $5.15 annual dividend and a $40.39 share price.
What is TYG's dividend per share?
As of Oct 14, 2026, TYG pays $5.15 per share per year, distributed on a monthly basis.
What is TYG's dividend payout ratio?
As of Oct 14, 2026, TYG's payout ratio is 77% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has TYG grown its dividend?
TYG does not currently have a long dividend-growth streak on record.
When is the next TYG ex-dividend date?
As of Oct 14, 2026, the next ex-dividend date on record for TYG is Oct 23, 2026.
TYG Price — Last 12 Months
Daily close
Price Return
1 Year
-9%
3 Years
+43%
5 Years
+32%
52-Week Range
$37.45 – $51.18
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TYG worth?
Undervaluedlow confidenceOur blended fair-value estimate for Tortoise Energy Infrastructure Corporation is $110.68 per share, versus a market price of $40.39. That implies 174% of upside — a margin of safety of about 64%.
Fair Value
$110.68
Current Price
$40.39
Upside
+174%
Margin of Safety
64%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.2% discount rate (CAPM), 4.0% growth for five years fading to 2.5% over the next five, $7.19 EPS, $5.70 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TYG Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full TYG dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 23, 2026 | Sep 30, 2026 | $0.4750 | regular |
| Aug 24, 2026 | Aug 31, 2026 | $0.4750 | regular |
| Jul 24, 2026 | Jul 31, 2026 | $0.4750 | regular |
| Jun 3, 2026 | Jun 30, 2026 | $0.4750 | regular |
| May 22, 2026 | May 29, 2026 | $0.4750 | regular |
| Apr 23, 2026 | Apr 30, 2026 | $0.4750 | regular |
| Mar 24, 2026 | Mar 31, 2026 | $0.4750 | regular |
| Feb 20, 2026 | Feb 27, 2026 | $0.4750 | regular |
| Jan 23, 2026 | Jan 30, 2026 | $0.4750 | regular |
| Dec 24, 2025 | Dec 31, 2025 | $0.4750 | regular |
| Nov 21, 2025 | Nov 28, 2025 | $0.4750 | regular |
| Oct 24, 2025 | Oct 31, 2025 | $0.3650 | regular |
| Sep 23, 2025 | Sep 30, 2025 | $0.3650 | regular |
| Aug 22, 2025 | Aug 29, 2025 | $0.3650 | regular |
Income Calculator
At $5.15 / yr per share
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