Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) To Go Ex-Dividend on February 27th

Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG) announced a monthly dividend on Thursday, December 11th. Shareholders of record on Friday, February 27th will be paid a dividend of 0.07 per share by the investment management company on Tuesday, March 10th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend is Friday, February 27th.

Duff & Phelps Utility and Infrastructure Fund Price Performance

Duff & Phelps Utility and Infrastructure Fund stock opened at $12.58 on Friday. Duff & Phelps Utility and Infrastructure Fund has a fifty-two week low of $10.45 and a fifty-two week high of $13.38. The stock has a fifty day moving average of $13.05 and a two-hundred day moving average of $12.68.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in DPG. Wedbush Securities Inc. boosted its holdings in shares of Duff & Phelps Utility and Infrastructure Fund by 3.8% in the 3rd quarter. Wedbush Securities Inc. now owns 24,856 shares of the investment management company’s stock valued at $321,000 after purchasing an additional 912 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of Duff & Phelps Utility and Infrastructure Fund by 0.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 442,651 shares of the investment management company’s stock worth $5,715,000 after buying an additional 1,242 shares during the last quarter. Level Four Advisory Services LLC raised its position in shares of Duff & Phelps Utility and Infrastructure Fund by 6.0% in the 2nd quarter. Level Four Advisory Services LLC now owns 24,774 shares of the investment management company’s stock worth $307,000 after buying an additional 1,399 shares during the period. Walleye Capital LLC boosted its holdings in 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 valued at $433,000 after acquiring an additional 1,721 shares during the last quarter. Finally, Catalina Capital Group LLC boosted its holdings in Duff & Phelps Utility and Infrastructure Fund by 17.4% in the second quarter. Catalina Capital Group LLC now owns 12,935 shares of the investment management company’s stock valued at $161,000 after acquiring an additional 1,917 shares during the last quarter.

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.