How To Retire On Utility Dividends: 8% Yields Dished Monthly [Forbes]
Cohen & Steers Infrastructure Fund, Inc (UTF)
US:NYSE Investor Relations:
en.wikipedia.org/wiki/cohen_(surname)
Company Research
Source: Forbes
Would you believe, my fellow contrarian, that most of our vanilla income friends settle for utility dividends that pay quarterly Ha! Unfortunately (for them) that's no typo. There are millions of investors just like them who are OK being paid every 90 days. Yes, ninety! Obviously , they don't read highbrow publications like Contrarian Outlook, where we highlight monthly dividend payers. Today we'll discuss two that pay 8.3% and 8.6% respectively. With yields like these, we can actually retire on dividends . Take a chunk of money that we've saved up and convert it into regular cash flow. A million dollars, for example, can become $83,000 or $86,000 annually in dividend income. The original cash pile stays intact. In reality, it does better than intact. I'll explain why. Plus, our payouts are delivered every month. Up to $7,166.67 on our million, to be specific. Most investors aren't sophisticated enough to take advantage of these “retirement makers.” Even friends we may
Show less
Read more
Impact Snapshot
Event Time:
UTF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UTF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UTF alerts
High impacting Cohen & Steers Infrastructure Fund, Inc news events
Weekly update
A roundup of the hottest topics
UTF
News
- Vanilla Investors Think This 8.4% Dividend Is Risky [Forbes]Forbes
- UTF: Attractive Long-Term Infrastructure Exposure Providing A Monthly Distribution [Seeking Alpha]Seeking Alpha
- The Retiree's Dividend Portfolio - John's February 2024 Income Update [Seeking Alpha]Seeking Alpha
- UTF: Time To Consider A Leveraged Play On Utilities [Seeking Alpha]Seeking Alpha
- Dividend Harvesting Portfolio Week 157: $15,700 Allocated, $1,389.49 In Projected Dividends [Seeking Alpha]Seeking Alpha
UTF
Sec Filings
- 3/13/24 - Form N-CEN
- 3/8/24 - Form N-CSR
- 2/28/24 - Form NPORT-P
- UTF's page on the SEC website