The fund raises its payout to $0.075, marking a 7.1% increase from the previous $0.070 dividend.
Duff & Phelps Utility and Infrastructure Fund (DPG) announced a 7.1% increase in its monthly dividend to $0.075 per share, up from $0.070. The move lifts the fund’s forward yield to 6.29%.
The prior dividend stood at $0.070, with the last adjustment occurring in the previous quarter. The fund’s yield remains competitive within the utility and infrastructure sector.
The dividend is payable August 10 to shareholders of record as of July 31, with an ex-dividend date also set for July 31.