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

Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAFGet Rating) announced a monthly dividend on Thursday, May 12th, Wall Street Journal reports. Investors of record on Thursday, June 23rd will be given a dividend of 0.09 per share on Thursday, June 30th. This represents a $1.08 dividend on an annualized basis and a yield of 7.38%. The ex-dividend date of this dividend is Wednesday, June 22nd.

Shares of TEAF opened at $14.63 on Friday. Ecofin Sustainable and Social Impact Term Fund has a twelve month low of $13.74 and a twelve month high of $15.49. The firm’s 50 day moving average price is $14.81 and its two-hundred day moving average price is $14.79.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisors Asset Management Inc. acquired a new position in Ecofin Sustainable and Social Impact Term Fund in the 4th quarter worth $114,000. Stifel Financial Corp lifted its holdings in shares of Ecofin Sustainable and Social Impact Term Fund by 5.6% in the fourth quarter. Stifel Financial Corp now owns 13,160 shares of the company’s stock valued at $193,000 after purchasing an additional 699 shares in the last quarter. Royal Bank of Canada acquired a new position in shares of Ecofin Sustainable and Social Impact Term Fund during the third quarter worth about $544,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Ecofin Sustainable and Social Impact Term Fund during the first quarter worth about $1,323,000. Finally, Wells Fargo & Company MN grew its holdings in shares of Ecofin Sustainable and Social Impact Term Fund by 5.2% during the second quarter. Wells Fargo & Company MN now owns 88,741 shares of the company’s stock worth $1,315,000 after buying an additional 4,406 shares in the last quarter.

About Ecofin Sustainable and Social Impact Term Fund (Get Rating)

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.

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Dividend History for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF)

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