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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) declared 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 7.82%. 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 Stock Up 1.3 %

UTF stock opened at $23.78 on Wednesday. Cohen & Steers Infrastructure Fund has a 1 year low of $20.56 and a 1 year high of $26.31. The company has a fifty day simple moving average of $25.16 and a 200 day simple moving average of $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.