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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) announced a monthly dividend on Friday, March 28th, Wall Street Journal reports. Stockholders of record on Tuesday, June 10th will be paid a dividend of 0.155 per share by the investment management company on Monday, June 30th. This represents a $1.86 annualized dividend and a dividend yield of 7.35%. The ex-dividend date is Tuesday, June 10th.

Cohen & Steers Infrastructure Fund has increased its dividend payment by an average of 14.7% per year over the last three years.

Cohen & Steers Infrastructure Fund Price Performance

UTF traded up $0.30 during trading hours on Friday, hitting $25.30. 288,151 shares of the company’s stock were exchanged, compared to its average volume of 191,080. Cohen & Steers Infrastructure Fund has a 12-month low of $21.26 and a 12-month high of $26.31. The firm has a 50 day moving average of $24.53 and a 200 day moving average of $24.88.

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.