Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF – Get Free Report) announced a monthly dividend on Monday, December 23rd,Wall Street Journal reports. Stockholders of record on Tuesday, March 11th will be paid 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 Stock Performance
Shares of NYSE UTF opened at $23.41 on Monday. Cohen & Steers Infrastructure Fund has a 1 year low of $20.56 and a 1 year high of $26.31. The firm’s 50 day moving average price is $25.20 and its 200 day moving average price is $24.61.
About Cohen & Steers Infrastructure Fund
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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