Ecofin Sustainable and Social Impact Term Fund (TEAF) To Go Ex-Dividend on May 23rd

Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) announced a — dividend on Monday, February 24th, Wall Street Journal reports. Investors of record on Friday, May 23rd will be given a dividend of 0.09 per share on Friday, May 30th. This represents a yield of 9%. The ex-dividend date of this dividend is Friday, May 23rd.

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

Ecofin Sustainable and Social Impact Term Fund Stock Performance

NYSE:TEAF opened at $11.98 on Wednesday. The stock’s 50 day moving average price is $12.11 and its 200 day moving average price is $12.48. Ecofin Sustainable and Social Impact Term Fund has a 52 week low of $11.25 and a 52 week high of $13.34.

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.