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

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) announced a dividend on Wednesday, January 29th,investing.com reports. Stockholders of record on Monday, February 3rd will be paid a dividend of 0.07 per share by the investment management company on Monday, February 10th. This represents a dividend yield of 7.16%. The ex-dividend date is Friday, January 31st.

Duff & Phelps Utility and Infrastructure Fund has increased its dividend by an average of 33.9% annually over the last three years.

Duff & Phelps Utility and Infrastructure Fund Stock Up 0.4 %

Duff & Phelps Utility and Infrastructure Fund stock traded up $0.05 during trading hours on Wednesday, reaching $11.77. 89,618 shares of the stock were exchanged, compared to its average volume of 94,084. Duff & Phelps Utility and Infrastructure Fund has a 52-week low of $8.70 and a 52-week high of $12.50. The firm’s 50 day moving average is $11.83 and its 200 day moving average is $11.42.

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.