Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Get Free Report) declared a monthly dividend on Monday, June 17th, Zacks reports. Investors of record on Wednesday, July 31st will be paid a dividend of 0.07 per share by the investment management company on Monday, August 12th. This represents a $0.84 annualized dividend and a yield of 7.96%. The ex-dividend date is Wednesday, July 31st.
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 Stock Performance
Shares of NYSE:DPG opened at $10.55 on Monday. The business has a 50 day simple moving average of $9.95 and a two-hundred day simple moving average of $9.50. Duff & Phelps Utility and Infrastructure Fund has a 1 year low of $7.90 and a 1 year high of $10.62.
Duff & Phelps Utility and Infrastructure Fund Company Profile
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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