Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) Announces $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. Shareholders of record on Monday, March 31st will be paid a dividend of 0.07 per share by the investment management company on Thursday, April 10th. This represents a $0.84 annualized dividend and a yield of 7.07%. The ex-dividend date is Monday, March 31st.

Duff & Phelps Utility and Infrastructure Fund Stock Performance

NYSE DPG traded up $0.10 on Friday, hitting $11.88. 72,488 shares of the company’s stock were exchanged, compared to its average volume of 126,051. Duff & Phelps Utility and Infrastructure Fund has a fifty-two week low of $8.70 and a fifty-two week high of $12.50. The firm’s 50-day moving average price is $11.80 and its two-hundred day moving average price is $10.99.

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.