Duff & Phelps Utility and Infrastructure Fund Inc. Announces Dividends
Duff & Phelps Utility and Infrastructure Fund (NYSE: DPG) has announced monthly dividend payments of $0.07 per share for January, February, and March 2025, payable on February 10, March 10, and April 10, respectively. The fund operates under a Managed Distribution Plan, distributing available investment income and, if necessary, realized capital gains or return of capital to maintain the monthly distribution level.
For November 2024, the distribution sources were: 52.8% from net investment income, 34.3% from short-term capital gains, and 12.9% from long-term capital gains. The fund's 5-year average annual return on NAV is 8.24%, with a current annualized distribution rate of 6.02% of NAV. The fiscal year's cumulative total return on NAV stands at 9.65%.
Il Fondo Utility e Infrastrutture Duff & Phelps (NYSE: DPG) ha annunciato pagamenti di dividendi mensili di $0.07 per azione per i mesi di gennaio, febbraio e marzo 2025, pagabili rispettivamente il 10 febbraio, il 10 marzo e il 10 aprile. Il fondo opera secondo un Piano di Distribuzione Gestita, distribuendo il reddito da investimento disponibile e, se necessario, guadagni in conto capitale realizzati o il rimborso di capitale per mantenere il livello di distribuzione mensile.
Per novembre 2024, le fonti di distribuzione erano: 52.8% da reddito netto da investimenti, 34.3% da guadagni in conto capitale a breve termine, e 12.9% da guadagni in conto capitale a lungo termine. Il ritorno medio annuo del fondo su NAV negli ultimi 5 anni è dell'8.24%, con un attuale tasso di distribuzione annualizzata del 6.02% del NAV. Il ritorno totale cumulativo dell'anno fiscale sul NAV si attesta al 9.65%.
Fondo de Utilidades e Infraestructura Duff & Phelps (NYSE: DPG) ha anunciado pagos de dividendos mensuales de $0.07 por acción para enero, febrero y marzo de 2025, pagaderos el 10 de febrero, el 10 de marzo y el 10 de abril, respectivamente. El fondo opera bajo un Plan de Distribución Gestionada, distribuyendo ingresos de inversión disponibles y, si es necesario, ganancias de capital realizadas o reembolso de capital para mantener el nivel de distribución mensual.
Para noviembre de 2024, las fuentes de distribución fueron: 52.8% de ingresos netos de inversión, 34.3% de ganancias de capital a corto plazo y 12.9% de ganancias de capital a largo plazo. El rendimiento promedio anual del fondo sobre el NAV en los últimos 5 años es del 8.24%, con una tasa de distribución anualizada actual del 6.02% del NAV. El retorno total acumulado del año fiscal sobre el NAV es del 9.65%.
더프 앤 펠프스 유틸리티 및 인프라 펀드 (NYSE: DPG)는 2025년 1월, 2월 및 3월에 대한 주당 $0.07의 월 배당금을 발표했으며 각각 2월 10일, 3월 10일 및 4월 10일에 지급됩니다. 이 펀드는 관리 분배 계획에 따라 운영되며, 월간 분배 수준을 유지하기 위해 사용 가능한 투자 소득과 필요할 경우 실현된 자본 이득 또는 자본 환급을 분배합니다.
2024년 11월에 대한 분배 출처는: 52.8%는 순 투자 소득, 34.3%는 단기 자본 이득, 12.9%는 장기 자본 이득이었습니다. 이 펀드의 지난 5년간 순자산가치(NAV)에 대한 평균 연간 수익률은 8.24%이며 현재 연환산 분배율은 NAV의 6.02%입니다. 회계 연도의 누적 총 수익률은 NAV의 9.65%입니다.
Fonds d'Utilités et d'Infrastructure Duff & Phelps (NYSE: DPG) a annoncé des paiements de dividendes mensuels de $0,07 par action pour janvier, février et mars 2025, payables le 10 février, le 10 mars et le 10 avril, respectivement. Le fonds fonctionne selon un Plan de Distribution Géré, distribuant les revenus d'investissement disponibles et, si nécessaire, des gains en capital réalisés ou un remboursement de capital pour maintenir le niveau de distribution mensuelle.
Pour novembre 2024, les sources de distribution étaient : 52,8 % provenant des revenus nets d'investissement, 34,3 % des gains en capital à court terme et 12,9 % des gains en capital à long terme. Le rendement annuel moyen du fonds sur la valeur liquidative (NAV) sur 5 ans est de 8,24 %, avec un taux de distribution annualisé actuel de 6,02 % de la NAV. Le rendement total cumulé de l'année fiscale sur la NAV s'élève à 9,65 %.
Duff & Phelps Utility und Infrastruktur Fonds (NYSE: DPG) hat die monatlichen Dividendenzahlungen von $0,07 pro Aktie für Januar, Februar und März 2025 angekündigt, die am 10. Februar, 10. März und 10. April ausgezahlt werden. Der Fonds arbeitet nach einem verwalteten Verteilungsplan, der verfügbares Investitionseinkommen sowie, falls erforderlich, realisierte Kapitalgewinne oder Rückzahlungen von Kapital verteilt, um das monatliche Verteilungsniveau aufrechtzuerhalten.
Für November 2024 stammten die Verteilungsquellen: 52,8% aus Nettoinvestitionseinkommen, 34,3% aus kurzfristigen Kapitalgewinnen und 12,9% aus langfristigen Kapitalgewinnen. Die durchschnittliche jährliche Rendite des Fonds über einen Zeitraum von 5 Jahren auf den NAV beträgt 8,24%, mit einer aktuellen annualisierten Ausschüttungsquote von 6,02% des NAV. Die kumulierte Gesamtrendite des Geschäftsjahres auf den NAV liegt bei 9,65%.
- Strong dividend composition with 100% from earnings and capital gains, requiring no return of capital
- Positive 5-year average annual return of 8.24% on NAV
- Healthy current distribution rate of 6.02%
- Strong fiscal year performance with 9.65% cumulative return on NAV
- None.
Per Share Amount |
Ex-Date |
Record Date |
Payable Date |
|
January 31, 2025 |
January 31, 2025 |
February 10, 2025 |
|
February 28, 2025 |
February 28, 2025 |
March 10, 2025 |
|
March 31, 2025 |
March 31, 2025 |
April 10, 2025 |
The Fund adopted a Managed Distribution Plan (the “Plan”) in 2015. Under the Plan, the Fund will distribute all available investment income to its shareholders, consistent with the Fund’s investment objective. If and when sufficient investment income is not available on a monthly basis, the Fund will distribute realized capital gains and/or return of capital to its shareholders in order to maintain the monthly
The Fund previously provided this estimate of the sources of the distributions:
|
November 2024 (MTD) |
Year-to-Date (YTD) |
||||||||
(Sources) |
Per Share
|
Percentage
|
Per Share
|
Percentage
|
||||||
Net Investment Income |
$ |
0.037 |
52.8 |
% |
$ |
0.037 |
52.8 |
% |
||
Net Realized Short-Term Capital Gains |
|
0.024 |
34.3 |
% |
|
0.024 |
34.3 |
% |
||
Net Realized Long-Term Capital Gains |
|
0.009 |
12.9 |
% |
|
0.009 |
12.9 |
% |
||
Return of Capital (or other Capital Source) |
|
0.000 |
0.0 |
% |
|
0.000 |
0.0 |
% |
||
Total Distribution |
$ |
0.070 |
100.0 |
% |
$ |
0.070 |
100.0 |
% |
||
| As of November 29, 2024 |
|
|
Average annual total return on NAV for the 5 years |
8.24 |
% |
Annualized current distribution rate as a percentage of NAV |
6.02 |
% |
Cumulative total return on NAV for the fiscal year |
9.65 |
% |
Cumulative fiscal year distributions as a percentage of NAV |
0.50 |
% |
The Fund will issue a separate 19(a) notice at the time of each distribution using the most current financial information available. You should not draw any conclusions about the Fund’s investment performance from the amount of these distributions or from the terms of the Plan.
The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of the fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
About the Fund
Duff & Phelps Utility and Infrastructure Fund Inc. is a closed-end investment management company whose investment objective is to seek total return, resulting primarily from (i) a high level of current income, with an emphasis on providing tax-advantaged dividend income and (ii) growth in current income, and secondarily from capital appreciation. The Fund seeks to achieve these objectives by investing primarily in equities of domestic and foreign utilities and infrastructure providers. Under normal market conditions, the Fund will invest at least
About the Investment Adviser
Duff & Phelps Investment Management Co. is a boutique investment manager that specializes in listed real asset strategies for institutional and individual clients. An affiliated manager of Virtus Investment Partners, Inc. (NYSE: VRTS), the firm began in 1932 as a fundamental research firm and has been managing assets since 1979. The firm seeks to provide specialty investment strategies that enhance client outcomes through active portfolio management and customized solutions, utilizing a process with values that include quality, reliability, and specialization. Investment strategies include
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For Further Information:
DPG Fund Services
(866) 270-7598
duff@virtus.com
Source: Duff & Phelps Utility and Infrastructure Fund Inc.
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