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

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) declared a dividend on Wednesday, October 30th, investing.com reports. Shareholders of record on Friday, November 1st will be given a dividend of 0.07 per share by the investment management company on Tuesday, November 12th. This represents a dividend yield of 7.39%. The ex-dividend date of this dividend is Thursday, October 31st.

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

Duff & Phelps Utility and Infrastructure Fund Stock Down 0.8 %

Shares of DPG traded down $0.09 during midday trading on Wednesday, hitting $11.37. 73,534 shares of the company traded hands, compared to its average volume of 129,856. Duff & Phelps Utility and Infrastructure Fund has a 52 week low of $8.18 and a 52 week high of $11.88. The firm has a 50 day moving average of $11.46 and a 200-day moving average of $10.48.

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.