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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) declared a monthly dividend on Wednesday, June 26th, Wall Street Journal reports. Shareholders of record on Tuesday, August 13th will be paid a dividend of 0.155 per share by the investment management company on Friday, August 30th. This represents a $1.86 annualized dividend and a yield of 8.37%. The ex-dividend date is Tuesday, August 13th.

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

Cohen & Steers Infrastructure Fund Stock Performance

UTF stock traded down $0.12 on Wednesday, hitting $22.23. 155,037 shares of the company were exchanged, compared to its average volume of 228,839. Cohen & Steers Infrastructure Fund has a twelve month low of $18.15 and a twelve month high of $23.87. The business’s fifty day moving average is $23.04 and its two-hundred day moving average is $22.38.

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.