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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) announced a monthly dividend on Friday, December 20th,Wall Street Journal reports. Investors 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 dividend on an annualized basis and a yield of 7.95%. The ex-dividend date of this dividend is Tuesday, March 11th.

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

Cohen & Steers Infrastructure Fund Stock Up 0.9 %

NYSE:UTF traded up $0.21 during trading on Friday, reaching $23.41. The company’s stock had a trading volume of 201,856 shares, compared to its average volume of 206,371. Cohen & Steers Infrastructure Fund has a 12 month low of $20.56 and a 12 month high of $26.31. The firm has a 50 day moving average of $25.23 and a 200-day moving average of $24.60.

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.