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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) announced a monthly dividend on Wednesday, June 26th, Wall Street Journal reports. Shareholders of record on Tuesday, August 13th will be given a dividend of 0.155 per share by the investment management company on Friday, August 30th. This represents a $1.86 dividend on an annualized basis and a yield of 7.55%. The ex-dividend date of this dividend is Tuesday, August 13th.

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

UTF opened at $24.62 on Monday. The stock’s fifty day moving average is $23.40 and its 200-day moving average is $22.85. Cohen & Steers Infrastructure Fund has a one year low of $18.15 and a one year high of $24.86.

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.