Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) to Issue $0.09 — Dividend

Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) announced a — dividend on Tuesday, February 25th, Wall Street Journal reports. Stockholders of record on Friday, May 23rd will be given a dividend of 0.09 per share on Friday, May 30th. This represents a dividend yield of 9%. The ex-dividend date is Friday, May 23rd.

Ecofin Sustainable and Social Impact Term Fund has increased its dividend by an average of 5.9% annually over the last three years.

Ecofin Sustainable and Social Impact Term Fund Stock Down 0.8 %

Shares of NYSE TEAF opened at $11.97 on Tuesday. Ecofin Sustainable and Social Impact Term Fund has a 12-month low of $11.25 and a 12-month high of $13.34. The company has a 50-day moving average of $12.12 and a 200 day moving average of $12.49.

Ecofin Sustainable and Social Impact Term Fund Company Profile

Tortoise Essential Assets Income Term Fund is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors LLC It invests in equity and fixed income markets. The fund seeks to invest in securities of companies operating in the essential asset sectors, which includes education, housing, healthcare, social and human services, power, water, energy, infrastructure, basic materials, industrial, transportation and telecommunications sectors.