Duff & Phelps Utility and Infrastructure Fund Inc. Reveals Distribution Sources – Section 19(a) Announcement
Monthly Distribution Announcement: Duff & Phelps Utility and Infrastructure Fund Inc. has announced a monthly distribution of $0.07 per share, with an ex-date and record date of October 31, 2025, and a payable date of November 10, 2025.
Managed Distribution Plan: The Fund operates under a managed distribution plan established in 2015, which allows it to distribute available investment income, and if insufficient, to distribute realized capital gains or return of capital to maintain the monthly distribution level.
Distribution Sources: For October 2025, the distribution is estimated to be entirely from net realized long-term capital gains, with no net investment income or short-term capital gains contributing to the distribution.
Fund Overview: The Fund aims for total return primarily through high current income and capital appreciation by investing at least 80% of its assets in dividend-paying equity securities within the utility and infrastructure sectors.
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Utility Stocks Surge Amid AI Demand for Power
- Investment Strategy Shift: As AI's insatiable power demand grows, utility stocks have become a favored investment, particularly closed-end funds (CEFs) yielding over 8%, necessitating careful selection to ensure entry at peak value and exit during market overheating.
- Yield Comparison: Gabelli Utility Trust (GUT) leads with a 10% yield, while Duff & Phelps Utility and Infrastructure Fund (DPG) offers 6.3%; however, GUT's 87% premium increases investment risk, reflecting market optimism about its future performance.
- Historical Performance Analysis: GUT's premium previously reached 50% at the end of 2024 before rising to the current 87%, indicating that even at high premiums, investors can achieve substantial returns, whereas DPG's static discount has not provided similar trading opportunities.
- Dividend Stability: Despite DPG cutting dividends twice in the past three years, GUT has maintained steady payouts, demonstrating its reliability as a high-yield investment and further solidifying GUT's superior position among utility CEFs.
Duff & Phelps Fund Declares $0.07 Monthly Distribution Per Share
- Distribution Announcement: Duff & Phelps Fund has declared a monthly distribution of $0.07 per share effective December 31, 2025, ensuring consistent returns for investors even when investment income is insufficient, reflecting the fund's commitment to its shareholders.
- Distribution Plan: Since 2015, the fund has adopted a managed distribution plan aimed at distributing all available investment income to shareholders, and when income is lacking, it utilizes realized capital gains or return of capital to maintain the distribution level, ensuring stability in monthly payouts.
- Sources of Investment Income: The anticipated December 2025 distribution will be entirely sourced from long-term capital gains, demonstrating the effectiveness of the fund's investment strategy in the current market environment and enhancing investor confidence.
- Annual Return Rate: As of November 28, 2025, the fund's average annual total return on NAV stands at 11.95%, showcasing its success in pursuing high current income and capital appreciation, thereby solidifying its position in the utility and infrastructure investment sectors.
Duff & Phelps Fund Declares $0.07 Dividend Per Share
- Dividend Payment Plan: Duff & Phelps Utility and Infrastructure Fund has declared a $0.07 dividend per share, payable on February 10, March 10, and April 10, 2026, ensuring a steady cash flow for investors.
- Transparent Distribution Sources: The Fund employs a managed distribution plan to maintain a monthly distribution level of 7.0 cents, supplementing with realized capital gains or return of capital when investment income is insufficient, thereby enhancing investor confidence.
- Investment Return Performance: As of November 28, 2025, the Fund's average annual total return over five years stands at 11.94%, demonstrating the effectiveness of its investment strategy in the utilities and infrastructure sectors, attracting more investor interest.
- Asset Allocation Strategy: The Fund invests at least 80% of its total assets in dividend-paying utility and infrastructure companies, ensuring stable income amidst market fluctuations, aligning with its objectives of high current income and capital appreciation.
Duff & Phelps Utility and Infrastructure Fund Inc. Declares Dividend Payments
Dividend Payments: Duff & Phelps Utility and Infrastructure Fund Inc. has authorized a monthly dividend payment of $0.07 per share for the upcoming months, with specific ex-dates, record dates, and payable dates outlined for each distribution.
Managed Distribution Plan: The Fund operates under a managed distribution plan that aims to distribute all available investment income to shareholders, utilizing realized capital gains or return of capital if necessary to maintain the monthly distribution level.
Duff & Phelps Utility and Infrastructure Fund declares $0.07 dividend
Dividend Declaration: Duff & Phelps Utility and Infrastructure Fund (DPG) has declared a monthly dividend of $0.07 per share, maintaining the same rate as before, with a forward yield of 6.92%.
Future Growth Potential: The fund may experience significant growth in the coming years, but it might not be the most optimal investment choice compared to alternatives like DNP.
Duff & Phelps Utility and Infrastructure Fund Inc. Announces Renewal of Share Repurchase Program and Monthly Distributions
Share Repurchase Program: Duff & Phelps Utility and Infrastructure Fund Inc. has renewed its open market share repurchase program, allowing the purchase of up to 5% of its outstanding common shares at a discount to net asset value (NAV) through June 30, 2026, aiming to enhance shareholder value.
Dividend Payments and Distribution Plan: The Fund has authorized monthly dividends of $0.07 per share and operates under a managed distribution plan that ensures all available investment income is distributed to shareholders, with distributions potentially including realized capital gains or return of capital if necessary.
Utility Stocks Surge Amid AI Demand for Power
- Investment Strategy Shift: As AI's insatiable power demand grows, utility stocks have become a favored investment, particularly closed-end funds (CEFs) yielding over 8%, necessitating careful selection to ensure entry at peak value and exit during market overheating.
- Yield Comparison: Gabelli Utility Trust (GUT) leads with a 10% yield, while Duff & Phelps Utility and Infrastructure Fund (DPG) offers 6.3%; however, GUT's 87% premium increases investment risk, reflecting market optimism about its future performance.
- Historical Performance Analysis: GUT's premium previously reached 50% at the end of 2024 before rising to the current 87%, indicating that even at high premiums, investors can achieve substantial returns, whereas DPG's static discount has not provided similar trading opportunities.
- Dividend Stability: Despite DPG cutting dividends twice in the past three years, GUT has maintained steady payouts, demonstrating its reliability as a high-yield investment and further solidifying GUT's superior position among utility CEFs.
Duff & Phelps Fund Declares $0.07 Monthly Distribution Per Share
- Distribution Announcement: Duff & Phelps Fund has declared a monthly distribution of $0.07 per share effective December 31, 2025, ensuring consistent returns for investors even when investment income is insufficient, reflecting the fund's commitment to its shareholders.
- Distribution Plan: Since 2015, the fund has adopted a managed distribution plan aimed at distributing all available investment income to shareholders, and when income is lacking, it utilizes realized capital gains or return of capital to maintain the distribution level, ensuring stability in monthly payouts.
- Sources of Investment Income: The anticipated December 2025 distribution will be entirely sourced from long-term capital gains, demonstrating the effectiveness of the fund's investment strategy in the current market environment and enhancing investor confidence.
- Annual Return Rate: As of November 28, 2025, the fund's average annual total return on NAV stands at 11.95%, showcasing its success in pursuing high current income and capital appreciation, thereby solidifying its position in the utility and infrastructure investment sectors.
Duff & Phelps Fund Declares $0.07 Dividend Per Share
- Dividend Payment Plan: Duff & Phelps Utility and Infrastructure Fund has declared a $0.07 dividend per share, payable on February 10, March 10, and April 10, 2026, ensuring a steady cash flow for investors.
- Transparent Distribution Sources: The Fund employs a managed distribution plan to maintain a monthly distribution level of 7.0 cents, supplementing with realized capital gains or return of capital when investment income is insufficient, thereby enhancing investor confidence.
- Investment Return Performance: As of November 28, 2025, the Fund's average annual total return over five years stands at 11.94%, demonstrating the effectiveness of its investment strategy in the utilities and infrastructure sectors, attracting more investor interest.
- Asset Allocation Strategy: The Fund invests at least 80% of its total assets in dividend-paying utility and infrastructure companies, ensuring stable income amidst market fluctuations, aligning with its objectives of high current income and capital appreciation.
Duff & Phelps Utility and Infrastructure Fund Inc. Declares Dividend Payments
Dividend Payments: Duff & Phelps Utility and Infrastructure Fund Inc. has authorized a monthly dividend payment of $0.07 per share for the upcoming months, with specific ex-dates, record dates, and payable dates outlined for each distribution.
Managed Distribution Plan: The Fund operates under a managed distribution plan that aims to distribute all available investment income to shareholders, utilizing realized capital gains or return of capital if necessary to maintain the monthly distribution level.
Duff & Phelps Utility and Infrastructure Fund declares $0.07 dividend
Dividend Declaration: Duff & Phelps Utility and Infrastructure Fund (DPG) has declared a monthly dividend of $0.07 per share, maintaining the same rate as before, with a forward yield of 6.92%.
Future Growth Potential: The fund may experience significant growth in the coming years, but it might not be the most optimal investment choice compared to alternatives like DNP.
Duff & Phelps Utility and Infrastructure Fund Inc. Announces Renewal of Share Repurchase Program and Monthly Distributions
Share Repurchase Program: Duff & Phelps Utility and Infrastructure Fund Inc. has renewed its open market share repurchase program, allowing the purchase of up to 5% of its outstanding common shares at a discount to net asset value (NAV) through June 30, 2026, aiming to enhance shareholder value.
Dividend Payments and Distribution Plan: The Fund has authorized monthly dividends of $0.07 per share and operates under a managed distribution plan that ensures all available investment income is distributed to shareholders, with distributions potentially including realized capital gains or return of capital if necessary.
