Cohen & Steers infrastucture Fund Inc (UTF) to Issue Monthly Dividend of $0.16 on January 31st

Cohen & Steers infrastucture Fund Inc (NYSE:UTF) announced a monthly dividend on Wednesday, December 20th, Zacks reports. Shareholders of record on Wednesday, January 17th will be paid a dividend of 0.155 per share by the investment management company on Wednesday, January 31st. This represents a $1.86 dividend on an annualized basis and a yield of 7.67%. The ex-dividend date is Tuesday, January 16th. This is an increase from Cohen & Steers infrastucture Fund’s previous monthly dividend of $0.13.

Cohen & Steers infrastucture Fund has increased its dividend by an average of 11.3% per year over the last three years.

Shares of Cohen & Steers infrastucture Fund (NYSE:UTF) traded down $0.23 during midday trading on Thursday, reaching $24.26. The company’s stock had a trading volume of 321,500 shares, compared to its average volume of 243,386. Cohen & Steers infrastucture Fund has a one year low of $19.81 and a one year high of $24.60.

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Cohen & Steers infrastucture Fund Company Profile

Cohen & Steers Infrastructure Fund, Inc (the Fund) is a diversified closed-end management investment company. The Fund’s investment objective is total return with emphasis on income. Its portfolio of investments includes banks, electric, financial, insurance, industrials, airports, railways, toll roads, pipelines, gas distribution, real estate, water, telecommunications and utilities.

Dividend History for Cohen & Steers infrastucture Fund (NYSE:UTF)

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