Ex-Dividend Date Insight: Cohen & Steers Infr Fund

On September 29, 2020, Cohen & Steers Infr Fund UTF declared a dividend payable on December 31, 2020 to its shareholders. Cohen & Steers Infr Fund also announced that shareholders on the company's books on or before December 16, 2020 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Cohen & Steers Infr Fund has an ex-dividend date planned for December 15, 2020. The company's current dividend payout sits at $0.15. That equates to a dividend yield of 8.37% at current price levels.

Understanding Ex-Dividend Dates'

Ex-dividend dates signal when company shares cease to trade with their current dividend payouts. There is a small intermission period before companies announce new dividends. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Understanding Cohen & Steers Infr Fund's Dividend Payouts And Yields

Over the past year, Cohen & Steers Infr Fund has experienced no change regarding its dividend payouts and a downward trend regarding its yields. Last year on August 18, 2020 the company's payout was $0.15, which has returned to its value today. Cohen & Steers Infr Fund's dividend yield last year was 8.48%, which has since decreased by 0.11%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

Click here to find details on Cohen & Steers Infr Fund's previous dividends.