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

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 given a dividend of 0.07 per share by the investment management company on Monday, February 10th. This represents a yield of 7.16%. The ex-dividend date is Friday, January 31st.

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

Duff & Phelps Utility and Infrastructure Fund Stock Performance

Shares of NYSE:DPG traded up $0.05 during midday trading on Wednesday, hitting $11.77. The company’s stock had a trading volume of 89,618 shares, compared to its average volume of 94,084. Duff & Phelps Utility and Infrastructure Fund has a 12-month low of $8.70 and a 12-month high of $12.50. The business’s 50 day simple moving average is $11.83 and its 200 day simple moving average is $11.42.

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.