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

by · The Cerbat Gem

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF – Get Free Report) announced a monthly dividend on Friday, December 20th,Wall Street Journal reports. Investors of record on Tuesday, March 11th will be given a dividend of 0.155 per share by the investment management company on Monday, March 31st. This represents a $1.86 annualized dividend and a dividend yield of 7.95%. The ex-dividend date of this dividend is Tuesday, March 11th.

Cohen & Steers Infrastructure Fund has increased its dividend by an average of 58.7% per year over the last three years.

Cohen & Steers Infrastructure Fund Price Performance

Shares of UTF stock opened at $23.41 on Friday. The stock’s 50 day simple moving average is $25.20 and its 200 day simple moving average is $24.60. Cohen & Steers Infrastructure Fund has a twelve month low of $20.56 and a twelve month high of $26.31.

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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