Duff & Phelps Utility and Infrastructure Fund: Dividend Announcement
On April 30, 2025, the Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) made an important announcement regarding dividends to be paid on its common stock. The following is a breakdown of the dividend schedule:
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Dividend 1:
Per Share Amount: $0.07
Ex-Date: April 30, 2025
Record Date: April 30, 2025
Payable Date: May 12, 2025
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Dividend 2:
Per Share Amount: $0.07
Ex-Date: May 30, 2025
Record Date: May 30, 2025
Payable Date: June 10, 2025
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Dividend 3:
Per Share Amount: $0.07
Ex-Date: June 30, 2025
Record Date: June 30, 2025
Payable Date: July 10, 2025
Impact on Shareholders:
For shareholders of DPG, this dividend announcement is a positive sign of the fund’s financial health and stability. Regular dividend payments are a key indicator of a company’s ability to generate consistent profits and distribute earnings to its shareholders. This dividend schedule allows investors to plan their income streams and reinvest their dividends to potentially earn more shares or compound their investments.
Impact on the World:
The dividend payments from DPG and similar funds contribute to the economy in various ways. The funds invest in utility and infrastructure projects, which are essential for the smooth functioning of society. These projects include power generation, water treatment, transportation, and communication networks. The dividend payments received by investors can be used to invest in other businesses, pay bills, or save for retirement, which in turn fuels economic growth and job creation.
Managed Distribution Policy:
It is important to note that DPG has adopted a managed distribution policy, which means that the Adviser may declare dividends at its discretion and may adjust the dividend rate as needed based on the fund’s investment income and other factors. This policy allows the fund to maintain a stable distribution rate, even during periods of changing market conditions or reduced investment income.
Conclusion:
The dividend announcement from Duff & Phelps Utility and Infrastructure Fund is a positive development for its shareholders, who can look forward to regular income streams and potential capital appreciation. The fund’s investments in utility and infrastructure projects also have a significant impact on the economy, contributing to essential services and economic growth. The managed distribution policy ensures a stable dividend rate, even during volatile market conditions.
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