Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Get Free Report) declared a monthly dividend on Monday, June 17th, Wall Street Journal reports. Investors of record on Monday, September 30th will be paid a dividend of 0.07 per share by the investment management company on Thursday, October 10th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.21%. The ex-dividend date is Monday, September 30th.
Duff & Phelps Utility and Infrastructure Fund has decreased its dividend payment by an average of 7.2% per year over the last three years.
Duff & Phelps Utility and Infrastructure Fund Stock Performance
DPG opened at $11.65 on Friday. The company’s fifty day moving average price is $10.98 and its two-hundred day moving average price is $10.11. Duff & Phelps Utility and Infrastructure Fund has a 1-year low of $7.90 and a 1-year high of $11.83.
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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