- Discover the steady dividend payout by Duff & Phelps Utility and Infrastructure Fund (DPG, Financial).
- Explore the implications of a 6.92% forward yield for investors.
- Understand key dates for dividend payments and eligibility.
Consistent Dividend Payout by Duff & Phelps Utility and Infrastructure Fund
Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) has upheld its financial commitment by declaring a $0.07 per share monthly dividend. This decision reflects the fund's focus on delivering consistent returns to its investors.
Attractive Forward Yield for Investors
With the dividend announcement, the fund offers a robust forward yield of 6.92%. This yield is an enticing prospect for income-focused investors seeking stable growth in the utility and infrastructure sectors.
Key Dates for Dividend Payments
Investors should take note of the critical dates associated with the dividend payment. The scheduled payout is set for August 11, and to qualify for the dividend, shareholders must be on record by July 31. It's important to remember that the ex-dividend date also falls on July 31, meaning stock purchases must be completed before this date to secure the dividend.
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