Cohen & Steers Infrastructure Fund Inc. (NYSE:UTF) announced a monthly dividend on Thursday, September 13th, Wall Street Journal reports. Investors of record on Wednesday, October 17th will be given a dividend of 0.155 per share by the investment management company on Wednesday, October 31st. This represents a $1.86 dividend on an annualized basis and a yield of 8.32%. The ex-dividend date of this dividend is Tuesday, October 16th.
Cohen & Steers Infrastructure Fund has increased its dividend by an average of 11.3% annually over the last three years.
Cohen & Steers Infrastructure Fund stock traded up $0.17 during mid-day trading on Friday, reaching $22.36. 260,815 shares of the company’s stock traded hands, compared to its average volume of 239,785. Cohen & Steers Infrastructure Fund has a 12-month low of $20.88 and a 12-month high 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.
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