Cohen & Steers Infrastructure Fund, Inc (UTF) to Issue Monthly Dividend of $0.16 on April 30th

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) announced a monthly dividend on Thursday, March 21st, NASDAQ reports. Investors of record on Wednesday, April 10th will be given a dividend of 0.155 per share by the investment management company on Tuesday, April 30th. This represents a $1.86 dividend on an annualized basis and a yield of 7.98%. The ex-dividend date of this dividend is Tuesday, April 9th.

Cohen & Steers Infrastructure Fund Price Performance

Shares of NYSE:UTF opened at $23.32 on Friday. The stock’s 50-day simple moving average is $22.30 and its two-hundred day simple moving average is $21.24. Cohen & Steers Infrastructure Fund has a 52-week low of $18.15 and a 52-week high of $24.13.

Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund

Institutional investors have recently made changes to their positions in the business. Oppenheimer & Co. Inc. grew its position in Cohen & Steers Infrastructure Fund by 4.5% during the fourth quarter. Oppenheimer & Co. Inc. now owns 13,539 shares of the investment management company’s stock valued at $288,000 after buying an additional 578 shares during the period. Invesco Ltd. bought a new stake in shares of Cohen & Steers Infrastructure Fund during the 1st quarter valued at $284,000. HBK Sorce Advisory LLC bought a new stake in shares of Cohen & Steers Infrastructure Fund during the 1st quarter valued at $259,000. Money Concepts Capital Corp purchased a new stake in shares of Cohen & Steers Infrastructure Fund in the 4th quarter worth $247,000. Finally, Silverlake Wealth Management LLC bought a new position in Cohen & Steers Infrastructure Fund in the 4th quarter worth $224,000.

About Cohen & Steers Infrastructure Fund

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.