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, December 20th,Wall Street Journal reports. Stockholders of record on Tuesday, March 11th will be given a dividend of 0.155 per share by the investment management company on Monday, March 31st. This represents a $1.86 dividend on an annualized basis and a dividend yield of 7.95%. The ex-dividend date of this dividend is Tuesday, March 11th.

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

Cohen & Steers Infrastructure Fund Trading Up 0.9 %

Cohen & Steers Infrastructure Fund stock opened at $23.41 on Friday. Cohen & Steers Infrastructure Fund has a twelve month low of $20.56 and a twelve month high of $26.31. The firm’s 50 day moving average price is $25.20 and its two-hundred day moving average price is $24.60.

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.