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

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) declared a monthly dividend on Tuesday, September 24th,Wall Street Journal reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.07 per share by the investment management company on Friday, January 10th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.11%. The ex-dividend date of this dividend is Tuesday, December 31st.

Duff & Phelps Utility and Infrastructure Fund has decreased its dividend by an average of 7.2% per year over the last three years.

Duff & Phelps Utility and Infrastructure Fund Price Performance

DPG opened at $11.82 on Friday. The business has a 50 day moving average of $11.81 and a 200-day moving average of $11.11. 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.