Cohen & Steers Infrastructure Fund, Inc (UTF) to Issue Monthly Dividend of $0.17 on November 30th

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) declared a monthly dividend on Monday, June 22nd. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.1650 per share by the investment management company on Monday, November 30th. This represents a $1.98 annualized dividend and a yield of 7.7%. The ex-dividend date is Tuesday, November 10th.

Cohen & Steers Infrastructure Fund Price Performance

Cohen & Steers Infrastructure Fund stock opened at $25.80 on Friday. The company’s 50-day moving average price is $25.66 and its two-hundred day moving average price is $26.48. Cohen & Steers Infrastructure Fund has a twelve month low of $23.42 and a twelve month high of $28.11.

Institutional Trading of Cohen & Steers Infrastructure Fund

Several hedge funds have recently added to or reduced their stakes in the company. Matrix Private Capital Group LLC acquired a new stake in Cohen & Steers Infrastructure Fund during the first quarter worth approximately $3,115,000. Venture Visionary Partners LLC increased its stake in Cohen & Steers Infrastructure Fund by 38.5% during the 3rd quarter. Venture Visionary Partners LLC now owns 97,124 shares of the investment management company’s stock worth $2,394,000 after acquiring an additional 27,000 shares during the period. Ieq Capital LLC bought a new position in Cohen & Steers Infrastructure Fund during the 2nd quarter worth $580,000. Royal Bank of Canada raised its holdings in Cohen & Steers Infrastructure Fund by 3.5% in the 1st quarter. Royal Bank of Canada now owns 936,075 shares of the investment management company’s stock valued at $24,225,000 after acquiring an additional 32,064 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in Cohen & Steers Infrastructure Fund by 40.3% in the 1st quarter. Kestra Advisory Services LLC now owns 238,551 shares of the investment management company’s stock valued at $6,174,000 after acquiring an additional 68,542 shares in the last quarter.

Cohen & Steers Infrastructure Fund Company Profile

Cohen & Steers Infrastructure Fund, Inc (NYSE: UTF) is a diversified, closed-end investment company managed by Cohen & Steers Capital Management. The fund seeks to provide total return through a combination of income and capital appreciation by investing in infrastructure-related securities.

The fund invests primarily in companies involved in essential infrastructure industries, including utilities, energy, transportation, communications, and water-related services. Its portfolio may include common stocks, preferred securities, and other income-producing investments issued by infrastructure businesses.

Cohen & Steers Infrastructure Fund typically invests across developed and emerging markets, giving shareholders exposure to infrastructure companies in the United States and international markets.