Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) to Issue Monthly Dividend of $0.16

by · The Cerbat Gem

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF – Get Free Report) declared a monthly dividend on Thursday, June 26th, Wall Street Journal reports. Investors of record on Tuesday, September 9th will be paid a dividend of 0.155 per share by the investment management company on Tuesday, September 30th. This represents a $1.86 dividend on an annualized basis and a yield of 7.01%. The ex-dividend date is Tuesday, September 9th.

Cohen & Steers Infrastructure Fund Trading Up 0.5%

NYSE UTF opened at $26.53 on Friday. The business’s fifty day moving average is $25.74 and its 200 day moving average is $24.79. Cohen & Steers Infrastructure Fund has a fifty-two week low of $22.05 and a fifty-two week high of $26.80.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Cohen & Steers Infrastructure Fund stock. Geneos Wealth Management Inc. grew its position in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF – Free Report) by 20.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,398 shares of the investment management company’s stock after purchasing an additional 400 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $61,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Cohen & Steers Infrastructure Fund

(Get Free Report)

Cohen & Steers Infrastructure Fund, Inc is a closed-end equity fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in public equity markets of the United States. The fund invests primarily in value stocks of infrastructure companies across all market capitalizations.

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