Cohen & Steers Infrastructure Fund, Inc (UTF) To Go Ex-Dividend on September 8th

Cohen & Steers Infrastructure Fund, Inc (NYSE:UTF) declared a monthly dividend on Monday, June 22nd. Stockholders of record on Tuesday, September 8th will be given a dividend of 0.165 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Tuesday, September 8th.

Cohen & Steers Infrastructure Fund Stock Performance

Shares of UTF stock opened at $27.12 on Wednesday. The company has a 50 day moving average price of $26.86 and a 200 day moving average price of $25.90. Cohen & Steers Infrastructure Fund has a fifty-two week low of $23.42 and a fifty-two week high of $27.65.

Hedge Funds Weigh In On Cohen & Steers Infrastructure Fund

Several institutional investors have recently modified their holdings of UTF. Bank of America Corp DE increased its position in shares of Cohen & Steers Infrastructure Fund by 6.7% during the first quarter. Bank of America Corp DE now owns 897,160 shares of the investment management company’s stock worth $23,218,000 after acquiring an additional 56,434 shares during the period. Arkadios Wealth Advisors boosted its holdings in Cohen & Steers Infrastructure Fund by 4.7% in the first quarter. Arkadios Wealth Advisors now owns 9,036 shares of the investment management company’s stock valued at $234,000 after purchasing an additional 402 shares during the period. Royal Bank of Canada boosted its holdings in Cohen & Steers Infrastructure Fund by 3.5% in the first quarter. Royal Bank of Canada now owns 936,075 shares of the investment management company’s stock valued at $24,225,000 after purchasing an additional 32,064 shares during the period. Sculptor Capital LP purchased a new stake in Cohen & Steers Infrastructure Fund during the 1st quarter worth about $4,841,000. Finally, Matrix Private Capital Group LLC purchased a new stake in Cohen & Steers Infrastructure Fund during the 1st quarter worth about $3,115,000.

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.