Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Get Free Report) announced a monthly dividend on Thursday, September 17th. Shareholders of record on Thursday, December 31st will be paid a dividend of 0.075 per share by the investment management company on Monday, January 11th. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date is Thursday, December 31st.
Duff & Phelps Utility and Infrastructure Fund Stock Down 0.4%
NYSE DPG opened at $13.50 on Friday. The firm’s fifty day simple moving average is $14.51 and its two-hundred day simple moving average is $14.51. Duff & Phelps Utility and Infrastructure Fund has a 12-month low of $12.36 and a 12-month high of $15.15.
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.
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