Cohen & Steers Infrastructure Fund, Inc (UTF) to Issue Monthly Dividend of $0.17 on May 29th

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) declared a monthly dividend on Tuesday, March 24th. Stockholders of record on Tuesday, May 12th will be paid a dividend of 0.165 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Tuesday, May 12th.

Cohen & Steers Infrastructure Fund Price Performance

Shares of NYSE:UTF opened at $26.98 on Friday. Cohen & Steers Infrastructure Fund has a 52-week low of $23.42 and a 52-week high of $27.35. The stock has a 50 day moving average price of $26.26 and a 200-day moving average price of $25.19.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC raised its position in shares of Cohen & Steers Infrastructure Fund by 1,023.1% in the 3rd quarter. Parallel Advisors LLC now owns 1,168 shares of the investment management company’s stock worth $29,000 after acquiring an additional 1,064 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new position in shares of Cohen & Steers Infrastructure Fund in the 4th quarter worth approximately $50,000. Cornerstone Planning Group LLC bought a new position in shares of Cohen & Steers Infrastructure Fund in the 4th quarter worth approximately $55,000. Geneos Wealth Management Inc. raised its position in shares of Cohen & Steers Infrastructure Fund by 20.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,398 shares of the investment management company’s stock worth $61,000 after acquiring an additional 400 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of Cohen & Steers Infrastructure Fund by 142.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,400 shares of the investment management company’s stock worth $84,000 after acquiring an additional 2,000 shares in the last quarter.

About Cohen & Steers Infrastructure Fund

Cohen & Steers Infrastructure Fund, Inc (NYSE: UTF) is a closed-end management investment company that provides investors with exposure to global infrastructure assets. Listed on the New York Stock Exchange, the fund seeks to deliver total return through a combination of current income and capital appreciation. Since its inception in 2014, UTF has offered a vehicle for investors to access both equity and debt securities of companies operating in critical infrastructure sectors.

The fund’s portfolio is diversified across a range of infrastructure industries, including utilities, energy, transportation, and communications.