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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) announced a monthly dividend on Thursday, October 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, December 10th will be given a dividend of 0.155 per share by the investment management company on Tuesday, December 31st. This represents a $1.86 annualized dividend and a dividend yield of 7.10%. The ex-dividend date is Tuesday, December 10th.

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

Cohen & Steers Infrastructure Fund Stock Performance

NYSE UTF traded up $0.01 on Thursday, hitting $26.18. 116,678 shares of the company’s stock traded hands, compared to its average volume of 213,558. Cohen & Steers Infrastructure Fund has a 1-year low of $18.15 and a 1-year high of $26.27. The firm’s 50-day moving average price is $24.95 and its two-hundred day moving average price is $23.71.

Cohen & Steers Infrastructure Fund Company Profile

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.