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 Friday, December 13th,Wall Street Journal reports. Investors of record on Monday, March 31st will be given a dividend of 0.07 per share by the investment management company on Thursday, April 10th. This represents a $0.84 dividend on an annualized basis and a yield of 7.07%. The ex-dividend date of this dividend is Monday, March 31st.

Duff & Phelps Utility and Infrastructure Fund Stock Performance

DPG stock traded up $0.10 during midday trading on Friday, reaching $11.88. The company’s stock had a trading volume of 72,483 shares, compared to its average volume of 126,051. Duff & Phelps Utility and Infrastructure Fund has a 1 year low of $8.70 and a 1 year high of $12.50. The stock has a fifty day simple moving average of $11.80 and a two-hundred day simple moving average of $10.98.

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.