Duff & Phelps Utility and Infra Fund Inc Stock Price, News & Analysis

Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) announced a quarterly dividend of 35 cents per share, to be paid on September 30, 2022, with an ex-date of September 14, 2022 and a record date of September 15, 2022.

The fund operates under a Managed Distribution Plan, distributing all available investment income. Any shortfall will be covered by realized capital gains or return of capital. For June 2022, 94.2% of the distribution will be a return of capital. The fund's annualized distribution rate based on NAV is 9.57%.

The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG) has authorized a dividend payment of 35 cents per share, ex-dividend on June 14, 2022, record date June 15, 2022, and payable on June 30, 2022. The fund has adopted a Managed Distribution Plan to sustain this distribution rate, distributing all available investment income, and if necessary, capital gains or return of capital to maintain the 35 cents per share distribution. The March quarterly distribution includes $0.040 from net investment income and $0.310 as return of capital.

The Board of Directors of Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) has approved a dividend of 35 cents per share to be paid on March 31, 2022, with an ex-date of March 14 and record date of March 15. This dividend payment is part of the Fund's Managed Distribution Plan, established in 2015, which aims to provide consistent distributions by utilizing available investment income and, if insufficient, realized capital gains or return of capital. As of November 30, 2021, the fund reported a 10.57% annualized distribution rate on NAV.

On October 22, 2021, Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) will redeem all outstanding Floating Rate Mandatory Redeemable Preferred Shares, Series B. The redemption, funded by a $40 million loan from a commercial bank, aims to optimize leverage management. The redemption price is $25.00 per share plus any unpaid dividends. Following the redemption, the preferred shares will no longer be active, and rights associated with them will cease. The fund focuses on generating high current income through investments in utility and infrastructure sectors.

The Board of Directors of Duff & Phelps Utility and Infrastructure Fund authorized a dividend payment of 35 cents per share. The payment is scheduled for December 31, 2021, with the ex-date on December 14, 2021 and the record date on December 15, 2021. The Fund operates under a Managed Distribution Plan, aiming to maintain this distribution rate by distributing available investment income. If insufficient income exists, it will distribute capital gains or returns of capital. For the September 2021 quarter, net investment income was reported at 4.4 cents.

The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG) announced a dividend of 35 cents per share, payable on September 30, 2021. The fund operates under a Managed Distribution Plan, distributing all available investment income while maintaining the current rate. If necessary, capital gains or return of capital will supplement income shortfalls. The fund's year-to-date distribution reflects that 100% comes from return of capital, signaling a potential risk to sustainability.

The Board of Directors of Duff & Phelps Utility and Infrastructure Fund has declared a quarterly dividend of 35 cents per share, with an ex-date of June 14, 2021 and a payable date of June 30, 2021. The Fund maintains this distribution rate under its Managed Distribution Plan, adopted in 2015, which aims to distribute all available investment income to shareholders. The March quarterly distribution sources include $0.043 from net investment income and $0.307 from return of capital. Year-to-date cumulative distribution from all sources is $0.700.

The Board of Directors of Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) has declared a quarterly dividend of $0.35 per share. The ex-dividend date is March 12, 2021, with record date on March 15, 2021, and payable date set for March 31, 2021. Since adopting a Managed Distribution Plan in 2015, the fund has aimed to maintain this distribution rate by utilizing available investment income. Notably, in December 2020, the fund's cumulative distribution for the fiscal year was reported at 10.73% on net asset value (NAV), indicating a strong focus on providing tax-advantaged dividend income.

On September 16, 2020, Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG) announced a dividend of $0.35 per share, with an ex-date of December 14, 2020 and payable date of December 31, 2020. The fund operates under a Managed Distribution Plan, which aims to provide consistent dividends, potentially funded through capital gains or return of capital when necessary. The fund's total return on NAV for the fiscal year stands at -15.27%, while the current annualized distribution rate is 10.95% of NAV.