Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Get Free Report) announced a monthly dividend on Monday, June 15th. Shareholders of record on Monday, August 31st will be paid a dividend of 0.075 per share by the investment management company on Thursday, September 10th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date is Monday, August 31st.
Duff & Phelps Utility and Infrastructure Fund Stock Down 0.3%
Shares of DPG stock opened at $14.32 on Wednesday. The business has a 50-day moving average price of $14.53 and a two-hundred day moving average price of $13.94. Duff & Phelps Utility and Infrastructure Fund has a 12-month low of $11.97 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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