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

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) announced a dividend on Wednesday, January 29th,investing.com reports. Investors 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 7.16%. The ex-dividend date is Friday, January 31st.

Duff & Phelps Utility and Infrastructure Fund has increased its dividend payment by an average of 33.9% per year over the last three years.

Duff & Phelps Utility and Infrastructure Fund Price Performance

NYSE:DPG traded up $0.05 during mid-day trading on Wednesday, reaching $11.77. 89,618 shares of the stock were exchanged, compared to its average volume of 94,084. The business has a fifty day moving average price of $11.83 and a 200 day moving average price of $11.42. Duff & Phelps Utility and Infrastructure Fund has a 1-year low of $8.70 and a 1-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.