TPYP Distribution History & Yield
Tortoise North American Pipeline Fund · NYSE
Upcoming distribution payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Thu, Dec 24, 2026 (in 60 days) | Jan 7, 2027 | $0.343 | $34.30 | Estimated |
| Thu, Mar 25, 2027 (in 151 days) | Apr 8, 2027 | $0.343 | $34.30 | Estimated |
| Thu, Jun 24, 2027 (in 242 days) | Jul 8, 2027 | $0.343 | $34.30 | Estimated |
| Thu, Sep 23, 2027 (in 333 days) | Oct 7, 2027 | $0.343 | $34.30 | Estimated |
Estimated dates and amounts are projected from TPYP's recent payment pattern and will be replaced by declared figures when the fund announces them. Total over the next 12 months: about $1.372 per share.
Distribution payment history
Last 40 payments per share. RegularSpecial
Annual distributions per share
How much TPYP do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 875 | $37,618 | $1,200 |
| $500 / month | 4,374 | $188,090 | $6,000 |
| $1,000 / month | 8,747 | $376,181 | $12,000 |
Based on the forward yield of 3.19%. $10,000 in TPYP would currently pay about $319 a year ($27 a month on average). Model reinvestment and growth →
TPYP distribution history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Sep 24, 2026 | — | $0.343 | -2.0% |
| Jun 25, 2026 | — | $0.35 | +2.6% |
| Mar 26, 2026 | — | $0.341 | +1.5% |
| Dec 31, 2025 | — | $0.336 | -2.6% |
| Sep 25, 2025 | — | $0.345 | -0.3% |
| Jun 26, 2025 | — | $0.346 | -2.5% |
| Mar 27, 2025 | — | $0.355 | +2.3% |
| Dec 31, 2024 | — | $0.347 | +2.7% |
| Sep 26, 2024 | — | $0.338 | +3.4% |
| Jun 27, 2024 | — | $0.327 | -1.5% |
| Mar 20, 2024 | — | $0.332 | +11.4% |
| Dec 28, 2023 | — | $0.298 | -2.3% |
| Sep 20, 2023 | — | $0.305 | -7.9% |
| Jun 21, 2023 | — | $0.331 | +3.4% |
| Mar 22, 2023 | — | $0.32 | +18.5% |
| Dec 29, 2022 | — | $0.27 | -5.6% |
| Sep 21, 2022 | — | $0.286 | +5.5% |
| Jun 22, 2022 | — | $0.271 | -3.2% |
| Mar 23, 2022 | — | $0.28 | +2.2% |
| Dec 30, 2021 | — | $0.274 | -6.5% |
| Sep 22, 2021 | — | $0.293 | +9.7% |
| Jun 23, 2021 | — | $0.267 | +8.1% |
| Mar 24, 2021 | — | $0.247 | +1.6% |
| Dec 30, 2020 | — | $0.243 | -9.3% |
Payout risk check
TPYP's last 12 distributions were very stable (consistency score 96/100).
Its share price moved +18.0% over the past year.
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About Tortoise North American Pipeline Fund
The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the types of securities suggested by its name. The underlying index is a float adjusted, capitalization weighted index of pipeline companies that are organized and have their principal place of business in the United States or Canada. The fund is non-diversified.
Fund family: Tortoise Capital Advisors, LLC. Category: Energy Limited Partnership. First distribution on our records: Dec 29, 2015. 43 payments tracked. Data last refreshed Oct 25, 2026. Spotted a mistake? Report it and we'll fix it.
TPYP distribution FAQ
When is TPYP's next ex-distribution date?
TPYP's next ex-distribution date is Dec 24, 2026 (in 60 days, estimated from its quarterly schedule). You must own the shares before that date to receive the payment of about $0.343 per share, expected on Jan 7, 2027.
How often does TPYP pay distributions?
TPYP pays distributions every quarter, 4 times a year. The most recent payment was $0.343 per share with an ex-date of Sep 24, 2026.
What is TPYP's distribution yield?
TPYP's trailing 12-month distribution yield is 3.19%, based on $1.37 per share paid over the last year and a share price of $43.01. The forward yield, using the indicated annual rate of $1.372 per share, is 3.19%.
How much does TPYP pay per share?
TPYP pays about $0.343 per share each quarter, which works out to roughly $1.372 per share a year. 100 shares would collect about $137.20 a year.
Has TPYP grown or cut its distribution?
Over the last 5 years the regular payout has grown at 5.5% a year (-1.7% over the last year). There has been no cut to a regular payment in the last 5 years. As a fund, TPYP's distributions vary with the income its holdings generate, so payouts are not designed to rise every year the way a dividend-growth stock's are.
How many shares of TPYP do I need to earn $100 a month?
At the current forward yield of 3.19%, you would need about 875 shares of TPYP (roughly $37,618 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every quarter, so the monthly figure is an average.
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