Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) to Issue Dividend of $0.07 on November 12th

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) declared a dividend on Wednesday, October 30th, investing.com reports. Investors of record on Friday, November 1st will be paid a dividend of 0.07 per share by the investment management company on Tuesday, November 12th. This represents a 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 by an average of 7.2% annually over the last three years.

Duff & Phelps Utility and Infrastructure Fund Price Performance

DPG traded down $0.09 during midday trading on Wednesday, reaching $11.37. The company’s stock had a trading volume of 73,534 shares, compared to its average volume of 129,856. Duff & Phelps Utility and Infrastructure Fund has a 1 year low of $8.18 and a 1 year high of $11.88. The stock’s 50-day moving average is $11.46 and its 200-day moving average is $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.