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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) announced a monthly dividend on Wednesday, December 18th,NASDAQ Dividends reports. Shareholders of record on Tuesday, January 14th will be given a dividend of 0.155 per share by the investment management company on Friday, January 31st. This represents a $1.86 annualized dividend and a yield of 8.02%. The ex-dividend date is Tuesday, January 14th.

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

Cohen & Steers Infrastructure Fund Trading Up 0.1 %

Shares of NYSE UTF traded up $0.03 during midday trading on Thursday, reaching $23.20. The company had a trading volume of 342,272 shares, compared to its average volume of 206,390. Cohen & Steers Infrastructure Fund has a 1 year low of $20.56 and a 1 year high of $26.31. The business’s 50-day simple moving average is $25.27 and its 200 day simple moving average 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.