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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) declared a monthly dividend on Friday, March 28th, Wall Street Journal reports. Shareholders of record on Tuesday, April 8th will be given a dividend of 0.155 per share by the investment management company on Wednesday, April 30th. This represents a $1.86 dividend on an annualized basis and a yield of 7.35%. The ex-dividend date of this dividend is Tuesday, April 8th.

Cohen & Steers Infrastructure Fund has increased its dividend payment by an average of 14.7% per year over the last three years.

Cohen & Steers Infrastructure Fund Stock Performance

Shares of Cohen & Steers Infrastructure Fund stock traded up $0.30 on Friday, hitting $25.30. 287,550 shares of the company traded hands, compared to its average volume of 192,195. Cohen & Steers Infrastructure Fund has a 12-month low of $21.26 and a 12-month high of $26.31. The firm’s 50-day simple moving average is $24.51 and its 200 day simple moving average is $24.88.

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.