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

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) declared a monthly dividend on Wednesday, June 25th, 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 dividend on an annualized basis and a yield of 7.05%. The ex-dividend date of this dividend is Tuesday, September 9th.

Cohen & Steers Infrastructure Fund Stock Performance

Cohen & Steers Infrastructure Fund stock opened at $26.38 on Thursday. Cohen & Steers Infrastructure Fund has a one year low of $22.05 and a one year high of $26.60. The firm has a 50-day moving average of $25.70 and a 200-day moving average of $24.78.

Institutional Trading of Cohen & Steers Infrastructure Fund

A hedge fund recently raised its stake in Cohen & Steers Infrastructure Fund stock. Geneos Wealth Management Inc. boosted its holdings in shares of Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) by 20.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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.