TEAF - Dividend announcements

OVERLAND PARK, KS / ACCESSWIRE / January 30, 2024 / Today Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) announced the tax characterization of 2023 distributions paid to its common stockholders.2023 Tax Characterization of DistributionsFor tax purposes, TEAFs' 2023 distributions were characterized as 31% qualified dividend income, 2% as ordinary income and 67% return of capital.Additional information regarding the tax characterization of the 2023 distributions is available at www.ecofininvest.com.A copy of the information is also available upon request by calling (866) 362-9331.Nothing contained herein or therein should be construed as tax advice. Consult your tax advisor for mor

OVERLAND PARK, KS / ACCESSWIRE / February 7, 2023 / Tortoise today announced the tax characterization of 2022 distributions paid to common stockholders of each of the following funds:Tortoise Energy Infrastructure Corp. (NYSE:TYG)Tortoise Midstream Energy Fund, Inc. (NYSE:NTG)Tortoise Pipeline & Energy Fund, Inc. (NYSE:TTP)Tortoise Energy Independence Fund, Inc. (NYSE:NDP)Tortoise Power and Energy Infrastructure Fund, Inc. (NYSE:TPZ)2022 Tax Characterization of Distributions TYGNTGTTPNDPTPZQualified Dividend Income100%100%21%40%11%Ordinary Dividend Income0%0%0%0%17%Return of Capital0%0%79%60%72%Long-Term Capital Gain0%0%0%0%0%Additional information regarding the tax characterization of the 2

OVERLAND PARK, KS / ACCESSWIRE / February 7, 2023 / Today Ecofin Sustainable and Social Impact Term Fund (TEAF) announced the tax characterization of 2022 distributions paid to its common stockholders.2022 Tax Characterization of DistributionsFor tax purposes, TEAFs' 2022 distributions were characterized as 35% qualified dividend income, 9% as ordinary income and 56% return of capital.Additional information regarding the tax characterization of the 2022 distributions is available at www.TortoiseEcofin.com.A copy of the information is also available upon request by calling (866) 362-9331.Nothing contained herein or therein should be construed as tax advice. Consult your tax advisor for more i

LEAWOOD, KS / ACCESSWIRE / December 2, 2022 / To assist our shareholders with year-end planning, we are providing estimates of the per-share special distribution to be paid in December to satisfy the Fund's excise distribution requirements. These estimates were prepared using capital gain amounts as of October 31, 2022. The estimates are being provided for informational purposes only and may not include all required tax adjustments. The final per-share amounts will be based on the actual number of shares outstanding on the fund's record date which may differ significantly from the number of shares outstanding at the time these estimates were prepared. Please keep in mind that the following a

OVERLAND PARK, KS / ACCESSWIRE / November 8, 2022 / Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) announced its monthly distribution of $0.09 per share.Upcoming distribution datesTEAF monthly distributions are payable on December 30, 2022, January 31, 2023, and February 28, 2023, to shareholders of record on the respective dates of December 23, 2022, January 24, 2023, and February 21, 2023.For book purposes, the source of distributions for TEAF is estimated to be approximately 40 to 60% ordinary income, with the remainder as return of capital.For tax purposes, 40 to 60% of TEAF's 2022 distributions are expected to be characterized as dividend income with the remainder as return

Additional TEAF announcements include: Upcoming distribution dates and amounts Availability of third calendar quarter commentary October monthly portfolio update Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF) today announced that the Board approved the adoption of a managed distribution policy and a 6.7% increase in its monthly distributions to $0.08 per share beginning in December and payable on the dates noted below. Based on TEAF's current price of $14.91, the distribution represents an annualized distribution rate of 6.44%. "This distribution increase coincides with the notable constructive outlook we hold for the underlying assets in the TEAF portfolio and further shift t