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. Shareholders of record on Monday, August 31st will be given a dividend of 0.075 per share by the investment management company on Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Monday, August 31st.

Duff & Phelps Utility and Infrastructure Fund Trading Up 0.2%

DPG opened at $14.39 on Tuesday. The business’s fifty day moving average is $14.54 and its two-hundred day moving average is $13.93. Duff & Phelps Utility and Infrastructure Fund has a one year low of $11.97 and a one year high of $15.15.

Institutional Trading of Duff & Phelps Utility and Infrastructure Fund

A number of institutional investors have recently bought and sold shares of DPG. Kanen Wealth Management LLC raised its holdings in shares of Duff & Phelps Utility and Infrastructure Fund by 114.2% in the first quarter. Kanen Wealth Management LLC now owns 585,101 shares of the investment management company’s stock worth $7,156,000 after acquiring an additional 311,979 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Duff & Phelps Utility and Infrastructure Fund by 7.0% in the second quarter. Cetera Investment Advisers now owns 57,624 shares of the investment management company’s stock worth $715,000 after acquiring an additional 3,781 shares during the last quarter. Invesco Ltd. acquired a new position in shares of Duff & Phelps Utility and Infrastructure Fund in the second quarter worth $185,000. First Trust Advisors LP raised its holdings in shares of Duff & Phelps Utility and Infrastructure Fund by 31.8% in the second quarter. First Trust Advisors LP now owns 71,502 shares of the investment management company’s stock worth $887,000 after acquiring an additional 17,242 shares during the last quarter. Finally, Walleye Capital LLC raised its holdings in shares of Duff & Phelps Utility and Infrastructure Fund by 5.2% in the second quarter. Walleye Capital LLC now owns 34,861 shares of the investment management company’s stock worth $433,000 after acquiring an additional 1,721 shares during the last quarter.

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.