Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) to Issue Monthly Dividend of $0.08 on August 10th

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) declared a monthly dividend on Monday, June 15th. Stockholders of record on Friday, July 31st will be given a dividend of 0.075 per share by the investment management company on Monday, August 10th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Friday, July 31st. This is a 7.1% increase from Duff & Phelps Utility and Infrastructure Fund’s previous monthly dividend of $0.07.

Duff & Phelps Utility and Infrastructure Fund Price Performance

Duff & Phelps Utility and Infrastructure Fund stock opened at $14.32 on Wednesday. Duff & Phelps Utility and Infrastructure Fund has a 52 week low of $11.97 and a 52 week high of $15.15. The stock has a fifty day moving average of $14.53 and a 200-day moving average of $13.94.

About Duff & Phelps Utility and Infrastructure Fund

The Duff & Phelps Utility and Infrastructure Fund Inc (NYSE: DPG) is a diversified, closed-end management investment company that seeks to provide investors with high current income and the potential for capital appreciation. The fund pursues its investment objectives primarily through equity and equity-related securities of companies engaged in the utility and infrastructure sectors, including regulated and non-regulated utilities, energy infrastructure, transportation, communications, water, and related businesses.

At least 80% of the fund’s total assets are invested in equity securities of utilities and infrastructure companies.