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

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) declared a dividend on Thursday, January 30th,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 7.12%. The ex-dividend date is Friday, January 31st.

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

Duff & Phelps Utility and Infrastructure Fund Price Performance

DPG stock traded up $0.07 during mid-day trading on Thursday, reaching $11.81. 71,891 shares of the company traded hands, compared to its average volume of 92,915. The firm’s 50 day moving average price is $11.83 and its 200 day moving average price is $11.42. Duff & Phelps Utility and Infrastructure Fund has a fifty-two week low of $8.70 and a fifty-two week 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.