Duff & Phelps Utility and Infrastructure Fund Inc. Announces Monthly Dividend of $0.07 (NYSE:DPG)

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) declared a monthly dividend on Friday, December 13th,Wall Street Journal reports. Stockholders of record on Monday, March 31st will be given a dividend of 0.07 per share by the investment management company on Thursday, April 10th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.07%. The ex-dividend date is Monday, March 31st.

Duff & Phelps Utility and Infrastructure Fund Trading Up 0.8 %

Shares of DPG stock traded up $0.10 on Friday, reaching $11.88. The company’s stock had a trading volume of 72,483 shares, compared to its average volume of 126,051. The stock’s fifty day simple moving average is $11.80 and its 200-day simple moving average is $10.98. Duff & Phelps Utility and Infrastructure Fund has a 1 year low of $8.70 and a 1 year high of $12.50.

About Duff & Phelps Utility and Infrastructure Fund

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.