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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) declared a monthly dividend on Thursday, June 26th, Wall Street Journal reports. Investors of record on Tuesday, September 9th will be paid 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 dividend yield of 7.05%. The ex-dividend date of this dividend is Tuesday, September 9th.

Cohen & Steers Infrastructure Fund Stock Performance

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 company’s 50-day simple moving average is $25.70 and its two-hundred day simple moving average is $24.78.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Cohen & Steers Infrastructure Fund stock. Geneos Wealth Management Inc. raised its holdings in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 20.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent quarter.

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.