Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) To Go Ex-Dividend on June 30th

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) announced a monthly dividend on Tuesday, March 18th, Wall Street Journal reports. Shareholders of record on Monday, June 30th will be paid a dividend of 0.07 per share by the investment management company on Thursday, July 10th. This represents a $0.84 annualized dividend and a yield of 6.92%. The ex-dividend date is Monday, June 30th.

Duff & Phelps Utility and Infrastructure Fund has raised its dividend payment by an average of 37.5% per year over the last three years.

Duff & Phelps Utility and Infrastructure Fund Trading Up 0.6 %

NYSE:DPG opened at $12.13 on Thursday. The firm’s fifty day moving average price is $11.80 and its two-hundred day moving average price is $11.73. Duff & Phelps Utility and Infrastructure Fund has a one year low of $8.73 and a one year high of $12.50.

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.