Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Get Free Report) CEO David D. Jr. Grumhaus acquired 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 26th. The stock was bought at an average cost of $12.32 per share, for a total transaction of $18,480.00. Following the completion of the purchase, the chief executive officer now directly owns 9,877 shares in the company, valued at $121,684.64. This represents a 17.91 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
Duff & Phelps Utility and Infrastructure Fund Stock Up 0.6 %
Shares of Duff & Phelps Utility and Infrastructure Fund stock opened at $12.48 on Friday. Duff & Phelps Utility and Infrastructure Fund Inc. has a 12-month low of $8.70 and a 12-month high of $12.50. The stock has a 50 day moving average price of $11.74 and a two-hundred day moving average price of $10.85.
Duff & Phelps Utility and Infrastructure Fund Dividend Announcement
The company also recently disclosed a dividend, which was paid on Tuesday, November 12th. Investors of record on Friday, November 1st were issued a dividend of $0.07 per share. This represents a dividend yield of 7.39%. The ex-dividend date was Thursday, October 31st.
Institutional Inflows and Outflows
About Duff & Phelps Utility and Infrastructure Fund
Duff & Phelps Utility and Infrastructure Fund Inc is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity markets across the globe. The fund seeks to invest in the companies operating in utility sector.
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