Cohen & Steers Infrastructure Fund, Inc (UTF) to Distribute Monthly Dividend of $0.17 on July 31st

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) announced a monthly dividend on Monday, June 22nd. Stockholders of record on Tuesday, July 14th will be paid a dividend of 0.165 per share by the investment management company on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend is Tuesday, July 14th.

Cohen & Steers Infrastructure Fund Stock Performance

Cohen & Steers Infrastructure Fund stock opened at $27.12 on Wednesday. The stock’s 50 day moving average is $26.86 and its 200 day moving average is $25.90. Cohen & Steers Infrastructure Fund has a twelve month low of $23.42 and a twelve month high of $27.65.

Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund

Hedge funds have recently added to or reduced their stakes in the company. Griffin Asset Management Inc. boosted its stake in shares of Cohen & Steers Infrastructure Fund by 110.6% in the 4th quarter. Griffin Asset Management Inc. now owns 38,541 shares of the investment management company’s stock worth $929,000 after buying an additional 20,240 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Cohen & Steers Infrastructure Fund by 7,852.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,545,874 shares of the investment management company’s stock valued at $37,271,000 after acquiring an additional 1,526,434 shares during the last quarter. IFG Advisory LLC purchased a new stake in Cohen & Steers Infrastructure Fund during the fourth quarter valued at $523,000. Sit Investment Associates Inc. lifted its holdings in Cohen & Steers Infrastructure Fund by 298.5% in the fourth quarter. Sit Investment Associates Inc. now owns 2,644,374 shares of the investment management company’s stock valued at $63,756,000 after acquiring an additional 1,980,749 shares during the period. Finally, City of London Investment Management Co. Ltd. bought a new position in Cohen & Steers Infrastructure Fund in the third quarter valued at about $1,371,000.

About Cohen & Steers Infrastructure Fund

Cohen & Steers Infrastructure Fund, Inc (NYSE: UTF) is a closed-end management investment company that provides investors with exposure to global infrastructure assets. Listed on the New York Stock Exchange, the fund seeks to deliver total return through a combination of current income and capital appreciation. Since its inception in 2014, UTF has offered a vehicle for investors to access both equity and debt securities of companies operating in critical infrastructure sectors.

The fund’s portfolio is diversified across a range of infrastructure industries, including utilities, energy, transportation, and communications.