Cohen & Steers Infrastructure Fund Inc. (NYSE:UTF) announced a monthly dividend on Wednesday, December 19th, Wall Street Journal reports. Stockholders of record on Wednesday, March 20th will be given a dividend of 0.155 per share by the investment management company on Friday, March 29th. This represents a $1.86 annualized dividend and a dividend yield of 7.87%. The ex-dividend date is Tuesday, March 19th.
Cohen & Steers Infrastructure Fund has raised its dividend payment by an average of 8.1% per year over the last three years.
Cohen & Steers Infrastructure Fund stock opened at $23.64 on Thursday. Cohen & Steers Infrastructure Fund has a 12-month low of $18.63 and a 12-month high of $23.89.
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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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