Duff and Phelps Global Utlity Inm Fd Inc (NYSE:DPG) VP Eric Elvekrog bought 1,000 shares of the company’s stock in a transaction on Thursday, May 16th. The shares were acquired at an average cost of $15.02 per share, for a total transaction of $15,020.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of DPG stock traded up $0.01 during trading hours on Friday, reaching $15.01. The stock had a trading volume of 171,310 shares, compared to its average volume of 126,472. Duff and Phelps Global Utlity Inm Fd Inc has a twelve month low of $11.33 and a twelve month high of $15.74.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 17th will be issued a $0.35 dividend. The ex-dividend date is Friday, June 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 9.33%.
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About Duff and Phelps Global Utlity Inm Fd
Duff & Phelps Global Utility Income 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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