Cohen & Steers infrastucture Fund Inc (UTF) Declares $0.16 Monthly Dividend

Cohen & Steers infrastucture Fund Inc (NYSE:UTF) announced a monthly dividend on Monday, April 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, May 16th will be given a dividend of 0.155 per share by the investment management company on Thursday, May 31st. This represents a $1.86 dividend on an annualized basis and a yield of 8.73%. The ex-dividend date is Tuesday, May 15th.

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

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Cohen & Steers infrastucture Fund stock traded down $0.10 during mid-day trading on Monday, reaching $21.31. 277,838 shares of the company’s stock were exchanged, compared to its average volume of 319,141. Cohen & Steers infrastucture Fund has a twelve month low of $20.88 and a twelve month high of $24.60.

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About Cohen & Steers infrastucture Fund

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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