Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) Plans $0.09 Dividend

Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) announced a dividend on Thursday, February 20th, NASDAQ Dividends reports. Investors of record on Monday, March 24th will be paid a dividend of 0.09 per share on Monday, March 31st. The ex-dividend date is Monday, March 24th.

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 Trading Down 0.9 %

TEAF stock traded down $0.11 during midday trading on Friday, reaching $12.06. 27,496 shares of the stock were exchanged, compared to its average volume of 27,241. Ecofin Sustainable and Social Impact Term Fund has a 52 week low of $11.25 and a 52 week high of $13.34. The company has a fifty day moving average price of $12.13 and a 200 day moving average price of $12.48.

About Ecofin Sustainable and Social Impact Term Fund

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.