Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Get Free Report) declared a monthly dividend on Monday, June 17th, Wall Street Journal reports. Investors of record on Monday, September 30th will be paid a dividend of 0.07 per share by the investment management company on Thursday, October 10th. This represents a $0.84 annualized dividend and a dividend yield of 7.22%. The ex-dividend date is Monday, September 30th.
Duff & Phelps Utility and Infrastructure Fund has decreased its dividend by an average of 7.2% annually over the last three years.
Duff & Phelps Utility and Infrastructure Fund Price Performance
NYSE DPG opened at $11.64 on Friday. The business has a fifty day simple moving average of $10.98 and a 200 day simple moving average of $10.11. Duff & Phelps Utility and Infrastructure Fund has a 12 month low of $7.90 and a 12 month high of $11.83.
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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