UTF - UTF: 8% Yield Should Not Be Ignored By Dividend Investors
2024-07-07 13:09:02 ET
Summary
- Cohen & Steers Infrastructure Fund (UTF) offers attractive current income with a focus on infrastructure assets and a consistent distribution history since 2004.
- Improved interest rate predictability and cost of debt conditions should support UTF's market cap and cash generation levels from here.
- UTF's leverage profile and exposure to growth sectors like electric infrastructure and midstream assets provide also a strong foundation for future distribution growth and price appreciation.
Cohen & Steers Infrastructure Fund (NYSE: UTF ) is a closed-end fund with a focus on investing in infrastructure assets to deliver attractive streams of current income to its unitholders. The benefit of investing in infrastructure asset class is not only bound by the above average yields, but also it introduces into an equation an additional layer of safety and income predictability....
UTF: 8% Yield Should Not Be Ignored By Dividend Investors