Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) Announces Monthly Dividend of $0.08

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) announced a monthly dividend on Monday, June 15th. Investors of record on Friday, July 31st will be given a dividend of 0.075 per share by the investment management company on Monday, August 10th. This represents a c) annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Friday, July 31st. This is a 7.1% increase from Duff & Phelps Utility and Infrastructure Fund’s previous monthly dividend of $0.07.

Duff & Phelps Utility and Infrastructure Fund Stock Performance

DPG stock opened at $14.39 on Tuesday. The business has a 50-day moving average price of $14.54 and a 200 day moving average price of $13.93. Duff & Phelps Utility and Infrastructure Fund has a 1-year low of $11.97 and a 1-year high of $15.15.

Institutional Trading of Duff & Phelps Utility and Infrastructure Fund

Several institutional investors and hedge funds have recently made changes to their positions in DPG. CENTRAL TRUST Co bought a new position in Duff & Phelps Utility and Infrastructure Fund in the first quarter worth about $29,000. Fifth Third Bancorp bought a new position in Duff & Phelps Utility and Infrastructure Fund in the first quarter worth about $31,000. Hilton Head Capital Partners LLC bought a new position in Duff & Phelps Utility and Infrastructure Fund in the fourth quarter worth about $46,000. B. Riley Wealth Advisors Inc. bought a new position in Duff & Phelps Utility and Infrastructure Fund in the second quarter worth about $129,000. Finally, PFG Investments LLC bought a new position in Duff & Phelps Utility and Infrastructure Fund in the first quarter worth about $148,000.

About Duff & Phelps Utility and Infrastructure Fund

The Duff & Phelps Utility and Infrastructure Fund Inc (NYSE: DPG) is a diversified, closed-end management investment company that seeks to provide investors with high current income and the potential for capital appreciation. The fund pursues its investment objectives primarily through equity and equity-related securities of companies engaged in the utility and infrastructure sectors, including regulated and non-regulated utilities, energy infrastructure, transportation, communications, water, and related businesses.

At least 80% of the fund’s total assets are invested in equity securities of utilities and infrastructure companies.