Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) to Issue $0.17 Monthly Dividend

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) announced a monthly dividend on Tuesday, September 22nd. Investors of record on Tuesday, October 13th will be given a dividend of 0.165 per share by the investment management company on Friday, October 30th. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date is Tuesday, October 13th.

Cohen & Steers Infrastructure Fund Stock Down 0.5%

UTF stock traded down $0.12 during midday trading on Wednesday, reaching $24.68. 39,735 shares of the company were exchanged, compared to its average volume of 315,992. Cohen & Steers Infrastructure Fund has a 1-year low of $23.42 and a 1-year high of $28.11. The stock’s 50-day simple moving average is $26.89 and its 200 day simple moving average is $26.76.

About Cohen & Steers Infrastructure Fund

Cohen & Steers Infrastructure Fund, Inc (NYSE: UTF) is a closed-end investment company managed by Cohen & Steers Capital Management, a specialist investment manager focused on real assets. The fund seeks to provide a high level of total return through current income and capital appreciation by investing primarily in infrastructure-related securities.

The fund invests across infrastructure industries, including utilities, energy infrastructure, transportation, and communications.