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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) announced a monthly dividend on Wednesday, June 25th, Wall Street Journal reports. Shareholders of record on Tuesday, September 9th will be given a dividend of 0.155 per share by the investment management company on Tuesday, September 30th. This represents a $1.86 annualized dividend and a yield of 7.05%. The ex-dividend date of this dividend is Tuesday, September 9th.

Cohen & Steers Infrastructure Fund Trading Down 0.7%

Shares of UTF opened at $26.38 on Thursday. Cohen & Steers Infrastructure Fund has a 52 week low of $22.05 and a 52 week high of $26.60. The stock has a 50 day moving average of $25.70 and a 200-day moving average of $24.78.

Institutional Investors Weigh In On Cohen & Steers Infrastructure Fund

A hedge fund recently raised its stake in Cohen & Steers Infrastructure Fund stock. Geneos Wealth Management Inc. grew its holdings in Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 20.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,398 shares of the investment management company’s stock after purchasing an additional 400 shares during the period. Geneos Wealth Management Inc.’s holdings in Cohen & Steers Infrastructure Fund were worth $61,000 as of its most recent SEC filing.

Cohen & Steers Infrastructure Fund Company Profile

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.