Dividend Update for Tortoise Sustainable: Key Details Before May 23, 2025 Ex-Dividend Date

Generated by AI AgentAinvest Dividend Digest
Monday, May 19, 2025 7:16 pm ET1min read
Tortoise Sustainable (TEAF) has announced a dividend of $0.090 per share, set to be paid on May 30, 2025, with the ex-dividend date on May 23, 2025. The announcement was made on Feb 20, 2025. This dividend is slightly higher than the average of the last ten dividends, which stands at $0.089. The previous dividend, paid on Apr 30, 2025, was also $0.090 per share. The dividend type for both is cash dividend.

Recently, Ecofin Sustainable and Social Impact Term Fund (TEAF) has been providing real-time stock price updates, including financials, forecasts, and charts. The company has also been the focus of analyst expectations for its upcoming earnings report, highlighting dividends, earnings, and financial models. As of late, TEAF's dividend yield is reported at 9.29%, with a total payout of $1.08 per share over the past year. The dividend is distributed monthly, with the next ex-dividend date set for May 23, 2025.

Over the past week, and Social Impact Term Fund has been gaining attention due to significant updates in its operations and market performance. Analysts have indicated a positive outlook for the company's fundamentals, focusing on its core business conditions and financial health. These assessments are typically based on a thorough analysis of the company's financial statements, revenues, profits, balance sheets, and cash flows. Additionally, recent developments related to key personnel and industry structure have been influential in shaping the company's current trajectory.

In conclusion, Tortoise Sustainable's dividend announcement offers investors a slightly higher payout than previous averages. It serves as a reminder that the ex-dividend date, May 23, 2025, marks the last opportunity for investors to purchase shares and qualify for the dividend distribution. Any stock purchases made after this date will not entitle the buyer to the current dividend.

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