Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Get Free Report) announced a monthly dividend on Monday, December 16th, Wall Street Journal reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.07 per share by the investment management company on Thursday, April 10th. This represents a $0.84 annualized dividend and a dividend yield of 6.91%. The ex-dividend date of this dividend is Monday, March 31st.
Duff & Phelps Utility and Infrastructure Fund has raised its dividend by an average of 37.5% per year over the last three years.
Duff & Phelps Utility and Infrastructure Fund Stock Performance
Shares of NYSE DPG opened at $12.17 on Friday. Duff & Phelps Utility and Infrastructure Fund has a fifty-two week low of $8.73 and a fifty-two week high of $12.50. The business has a 50 day moving average price of $11.88 and a two-hundred day moving average price of $11.77.
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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