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

Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) declared a dividend on Monday, March 24th, investing.com reports. Shareholders of record on Tuesday, March 25th will be paid a dividend of 0.09 per share on Monday, March 31st. This represents a yield of 9.21%. The ex-dividend date of this dividend is Monday, March 24th.

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

Ecofin Sustainable and Social Impact Term Fund Stock Performance

Shares of NYSE TEAF opened at $11.70 on Tuesday. The business has a 50 day moving average price of $12.03 and a two-hundred day moving average price of $12.42. Ecofin Sustainable and Social Impact Term Fund has a fifty-two week low of $11.25 and a fifty-two week high of $13.34.

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.