Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Get Free Report) announced a monthly dividend on Monday, September 23rd,Wall Street Journal reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.07 per share by the investment management company on Tuesday, December 10th. This represents a $0.84 dividend on an annualized basis and a yield of 6.74%. The ex-dividend date is Friday, November 29th.
Duff & Phelps Utility and Infrastructure Fund has decreased its dividend by an average of 7.2% per year over the last three years.
Duff & Phelps Utility and Infrastructure Fund Trading Up 0.9 %
Shares of NYSE DPG opened at $12.47 on Thursday. The firm’s fifty day moving average is $11.68 and its two-hundred day moving average is $10.81. Duff & Phelps Utility and Infrastructure Fund has a 52-week low of $8.70 and a 52-week high of $12.50.
About Duff & Phelps Utility and Infrastructure Fund
Duff & Phelps Utility and Infrastructure Fund Inc is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity markets across the globe. The fund seeks to invest in the companies operating in utility sector.
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