Cohen & Steers Infrastructure Fund Inc. (NYSE:UTF) declared a monthly dividend on Monday, June 17th, Wall Street Journal reports. Shareholders of record on Wednesday, September 18th will be paid a dividend of 0.155 per share by the investment management company on Monday, September 30th. This represents a $1.86 dividend on an annualized basis and a yield of 6.84%. The ex-dividend date of this dividend is Tuesday, September 17th.
Cohen & Steers Infrastructure Fund has raised its dividend payment by an average of 8.1% per year over the last three years.
UTF opened at $27.18 on Monday. The stock has a 50-day moving average of $26.21 and a 200-day moving average of $25.15. Cohen & Steers Infrastructure Fund has a 52-week low of $18.63 and a 52-week high of $27.35.
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.
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