Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) To Go Ex-Dividend on October 31st

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) announced a monthly dividend on Thursday, September 19th, Zacks reports. Investors of record on Thursday, October 31st will be given a dividend of 0.07 per share by the investment management company on Tuesday, November 12th. This represents a $0.84 dividend on an annualized basis and a yield of 7.23%. The ex-dividend date is Thursday, October 31st.

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

Duff & Phelps Utility and Infrastructure Fund Price Performance

NYSE:DPG traded up $0.05 on Tuesday, reaching $11.62. The stock had a trading volume of 3,778 shares, compared to its average volume of 129,620. Duff & Phelps Utility and Infrastructure Fund has a 12-month low of $8.17 and a 12-month high of $11.88. The firm’s fifty day moving average is $11.42 and its two-hundred day moving average is $10.44.

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.