Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF – Get Free Report) announced a monthly dividend on Tuesday, September 22nd. Shareholders of record on Tuesday, December 8th will be paid a dividend of 0.165 per share by the investment management company on Thursday, December 31st. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date is Tuesday, December 8th.
Cohen & Steers Infrastructure Fund Trading Down 0.9%
Shares of UTF stock traded down $0.22 during trading hours on Wednesday, hitting $24.58. 89,167 shares of the company’s stock were exchanged, compared to its average volume of 315,971. The firm has a 50 day moving average of $26.89 and a two-hundred day moving average of $26.76. Cohen & Steers Infrastructure Fund has a fifty-two week low of $23.42 and a fifty-two week high of $28.11.
Institutional Investors Weigh In On Cohen & Steers Infrastructure Fund
A number of hedge funds have recently modified their holdings of the business. Paralel Advisors LLC purchased a new stake in shares of Cohen & Steers Infrastructure Fund in the 2nd quarter valued at approximately $75,872,000. Sit Investment Associates Inc. increased its holdings in shares of Cohen & Steers Infrastructure Fund by 298.5% during the 4th quarter. Sit Investment Associates Inc. now owns 2,644,374 shares of the investment management company’s stock worth $63,756,000 after buying an additional 1,980,749 shares during the last quarter. Sculptor Capital LP purchased a new stake in shares of Cohen & Steers Infrastructure Fund during the 1st quarter valued at approximately $4,841,000. Matrix Private Capital Group LLC purchased a new stake in shares of Cohen & Steers Infrastructure Fund during the 1st quarter valued at approximately $3,115,000. Finally, Independent Financial Group LLC acquired a new position in Cohen & Steers Infrastructure Fund in the first quarter valued at approximately $2,844,000.
Cohen & Steers Infrastructure Fund Company Profile
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.
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