Duff & Phelps Utilities Tax-Free Income Inc. (DTF) Declares Monthly Dividend of $0.05
Duff & Phelps Utilities Tax-Free Income Inc. (NYSE:DTF) announced a monthly dividend on Friday, December 15th, Wall Street Journal reports. Stockholders of record on Tuesday, January 16th will be paid a dividend of 0.05 per share by the investment management company on Wednesday, January 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date is Friday, January 12th.
Shares of Duff & Phelps Utilities Tax-Free Income (NYSE DTF) opened at $14.20 on Friday. Duff & Phelps Utilities Tax-Free Income has a 52-week low of $14.01 and a 52-week high of $15.98.
In related news, VP Timothy M. Heaney acquired 2,000 shares of the business’s stock in a transaction dated Thursday, November 30th. The stock was bought at an average price of $14.05 per share, for a total transaction of $28,100.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.37% of the stock is currently owned by corporate insiders.
About Duff & Phelps Utilities Tax-Free Income
DTF Tax-Free Income Inc is a diversified, closed-end management investment company. The Fund’s investment objective is current income exempt from regular federal income tax consistent with the preservation of capital. The Fund seeks to achieve its investment objective by investing primarily (approximately 80% of its total assets) in a diversified portfolio of investment-grade tax-exempt obligations.
Receive News & Ratings for Duff & Phelps Utilities Tax-Free Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duff & Phelps Utilities Tax-Free Income and related companies with MarketBeat.com's FREE daily email newsletter.