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

Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAFGet Rating) declared a monthly dividend on Friday, May 13th, Wall Street Journal reports. Shareholders of record on Wednesday, August 24th will be paid a dividend of 0.09 per share on Wednesday, August 31st. This represents a $1.08 annualized dividend and a yield of 7.40%. The ex-dividend date is Tuesday, August 23rd.

Shares of NYSE:TEAF opened at $14.59 on Friday. The business’s 50 day simple moving average is $14.82 and its two-hundred day simple moving average is $14.79. Ecofin Sustainable and Social Impact Term Fund has a 52-week low of $13.74 and a 52-week high of $15.49.

A number of large investors have recently made changes to their positions in the business. Mariner LLC boosted its holdings in Ecofin Sustainable and Social Impact Term Fund by 17.9% in the first quarter. Mariner LLC now owns 19,783 shares of the company’s stock worth $299,000 after acquiring an additional 3,000 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new position in Ecofin Sustainable and Social Impact Term Fund in the first quarter worth approximately $1,323,000. Wells Fargo & Company MN boosted its holdings in Ecofin Sustainable and Social Impact Term Fund by 17.3% in the fourth quarter. Wells Fargo & Company MN now owns 112,356 shares of the company’s stock worth $1,645,000 after acquiring an additional 16,572 shares in the last quarter. Advisors Asset Management Inc. bought a new position in Ecofin Sustainable and Social Impact Term Fund in the fourth quarter worth approximately $114,000. Finally, Stifel Financial Corp boosted its holdings in 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 worth $193,000 after acquiring an additional 699 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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