Shares of Center Coast MLP & Infrastructure Fund (NYSE:CEN) hit a new 52-week low during trading on Tuesday . The stock traded as low as $9.17 and last traded at $9.43, with a volume of 333400 shares. The stock had previously closed at $9.66.

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 27th. Investors of record on Friday, October 13th were paid a dividend of $0.1042 per share. This represents a $1.25 annualized dividend and a yield of 13.52%. The ex-dividend date was Thursday, October 12th.

In other Center Coast MLP & Infrastructure Fund news, CEO Dan C. Tutcher acquired 7,200 shares of the company’s stock in a transaction that occurred on Friday, November 10th. The shares were acquired at an average price of $9.67 per share, with a total value of $69,624.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

A number of hedge funds have recently added to or reduced their stakes in CEN. Stifel Financial Corp bought a new position in Center Coast MLP & Infrastructure Fund during the 3rd quarter worth about $123,000. Northern Capital Management LLC increased its holdings in Center Coast MLP & Infrastructure Fund by 4.2% during the 2nd quarter. Northern Capital Management LLC now owns 14,825 shares of the investment management company’s stock worth $162,000 after purchasing an additional 600 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Center Coast MLP & Infrastructure Fund by 8.4% during the 2nd quarter. Janney Montgomery Scott LLC now owns 37,950 shares of the investment management company’s stock worth $416,000 after purchasing an additional 2,950 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in Center Coast MLP & Infrastructure Fund by 102.3% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 43,593 shares of the investment management company’s stock worth $477,000 after purchasing an additional 22,040 shares in the last quarter. Finally, Doliver Capital Advisors LP increased its holdings in Center Coast MLP & Infrastructure Fund by 31.3% during the 2nd quarter. Doliver Capital Advisors LP now owns 68,445 shares of the investment management company’s stock worth $749,000 after purchasing an additional 16,322 shares in the last quarter.

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About Center Coast MLP & Infrastructure Fund

Center Coast MLP & Infrastructure Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of total return with an emphasis on distributions to shareholders. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of master limited partnerships (MLPs) and energy infrastructure companies.

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