Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) To Go Ex-Dividend on November 29th

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) declared a monthly dividend on Monday, September 23rd,Wall Street Journal reports. Shareholders of record on Friday, November 29th will be paid a dividend of 0.07 per share by the investment management company on Tuesday, December 10th. This represents a $0.84 dividend on an annualized basis and a yield of 6.80%. The ex-dividend date of this dividend is Friday, November 29th.

Duff & Phelps Utility and Infrastructure Fund has decreased its dividend by an average of 7.2% per year over the last three years.

Duff & Phelps Utility and Infrastructure Fund Price Performance

DPG opened at $12.35 on Wednesday. The firm has a 50 day moving average price of $11.67 and a 200-day moving average price of $10.79. Duff & Phelps Utility and Infrastructure Fund has a twelve month low of $8.70 and a twelve month high of $12.37.

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.