Duff & Phelps Utility and Infrastructure Fund (DPG) Stock

The Duff & Phelps Utility and Infrastructure Fund offers a 7.25% yield, higher than most domestic utilities and utility indices, making it attractive for income-focused investors. The fund's recent performance has been strong, delivering a 15.37% total return over five months, outperforming the S&P 500 and the domestic utility sector. The fund was short call options on DTE Energy and NextEra Energy earlier this year, which could make sense given the possibly stretched valuations of those two stocks.

CHICAGO--(BUSINESS WIRE)--The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end fund advised by Duff & Phelps Investment Management Co., previously announced the following monthly distribution on September 19, 2024: Per Share Amount Ex-Date Record Date Payable Date $0.07 November 29, 2024 November 29, 2024 December 10, 2024 The Fund adopted a Managed Distribution Plan (the “Plan”) in 2015. Under the Plan, the Fund will distribute all avai.

CHICAGO--(BUSINESS WIRE)--The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end fund advised by Duff & Phelps Investment Management Co., previously announced the following monthly distribution on September 19, 2024: Per Share Amount Ex-Date Record Date Payable Date $0.07 October 31, 2024 October 31, 2024 November 12, 2024 The Fund adopted a Managed Distribution Plan (the “Plan”) in 2015. Under the Plan, the Fund will distribute all availa.

Duff & Phelps Utility and Infrastructure Fund Inc has performed well since last year's distribution cut and since our last update. Lower rates should benefit DPG with lower borrowing costs, which the underlying portfolio should benefit from as well, along with becoming relatively more attractive as yield plays. The fund's shift to a monthly payout schedule more recently and the discount continuing to remain attractive can also make it a potentially appealing option for investors.

CHICAGO--(BUSINESS WIRE)--The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end fund advised by Duff & Phelps Investment Management Co. (the “Adviser”), today has authorized the payment of dividends on its common stock as follows: Per Share Amount Ex-Date Record Date Payable Date $0.07 October 31, 2024 October 31, 2024 November 12, 2024 $0.07 November 29, 2024 November 29, 2024 December 10, 2024 $0.07 December 31, 2024 December 31, 2024 J.

Duff & Phelps Utility and Infrastructure Fund Inc offers an 8.20% yield, invests in common equities, and could benefit from the utility sector's growth. The DPG closed-end fund's distribution yield is just above the peer median, making it a decent option for an income portfolio. Despite some volatility, the fund has outperformed the S&P 500 Index and utility sector, showing positive performance and distribution coverage.

CHICAGO--(BUSINESS WIRE)--The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end fund advised by Duff & Phelps Investment Management Co. (the “Adviser”), today announced two actions as part of the Fund's ongoing efforts to enhance shareholder value and reduce the current discount to net asset value (“NAV”) at which its shares currently trade. At its regular June meeting, the Board adopted a share repurchase program that seeks to enhance sh.

We previously recommended holding Duff & Phelps Utility and Infrastructure Fund Inc. and strongly advised selling its sister fund. We now analyze the performance following our recommendation and explain why the high yield and substantial discount are not sufficient reasons to invest.

Duff & Phelps Utility and Infrastructure Fund is currently trading at an attractive discount, presenting a potential opportunity for investors. Lower interest rates could benefit DPG and the utility sector as a whole, potentially leading to a much better performance going forward. The fund's distribution remains more sustainable and quite reasonable after the distribution cut last year.