Duff and Phelps Global Utlity Inm Fd Inc (NYSE:DPG) declared a quarterly dividend on Wednesday, March 13th, Wall Street Journal reports. Stockholders of record on Monday, June 17th will be paid a dividend of 0.35 per share by the investment management company on Friday, June 28th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 9.54%. The ex-dividend date is Friday, June 14th.
Shares of Duff and Phelps Global Utlity Inm Fd stock traded up $0.19 on Wednesday, reaching $14.67. The stock had a trading volume of 184,098 shares, compared to its average volume of 109,240. Duff and Phelps Global Utlity Inm Fd has a 1 year low of $11.33 and a 1 year high of $15.74.
In related news, VP Eric Elvekrog bought 3,909 shares of the company’s stock in a transaction on Friday, December 28th. The shares were bought at an average price of $11.78 per share, with a total value of $46,048.02. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Duff & Phelps Global Utility Income 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.
Recommended Story: Why do earnings reports matter?
Receive News & Ratings for Duff and Phelps Global Utlity Inm Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duff and Phelps Global Utlity Inm Fd and related companies with MarketBeat.com's FREE daily email newsletter.