Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Get Free Report) announced a monthly dividend on Tuesday, September 24th, Wall Street Journal reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.07 per share by the investment management company on Tuesday, December 10th. This represents a $0.84 annualized dividend and a yield of 7.19%. The ex-dividend date of this dividend is Friday, November 29th.
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
Shares of DPG opened at $11.68 on Tuesday. Duff & Phelps Utility and Infrastructure Fund has a 52 week low of $7.90 and a 52 week high of $11.69. The stock’s 50-day moving average price is $10.86 and its 200-day moving average price is $10.06.
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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