Market Overview

Duff & Phelps Utility and Corporate Bond Trust Announces Dividends

Share:

Duff & Phelps Utility and Corporate Bond Trust Announces Dividends

PR Newswire

CHICAGO, Sept. 13, 2018 /PRNewswire/ -- The Board of Directors of Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE:DUC), at its regular meeting today, authorized the payment of dividends on the fund's common stock as follows:

Cents Per Share

Record Date

Payable Date

3.5

October 15, 2018

October 31, 2018

3.5

November 15, 2018

November 30, 2018

3.5

December 17, 2018

December 31, 2018

About the Fund

Duff & Phelps Utility and Corporate Bond Trust Inc. is a closed-end diversified investment management company whose primary investment objective is high current income consistent with investing in securities of investment grade quality. The fund seeks to achieve its objectives by investing substantially all of its assets in a diversified portfolio of utility income securities, corporate income securities, mortgage-backed securities and asset-backed securities. For more information, visit www.ducfund.com or call (800) 338-8214.

About the Investment Adviser

Duff & Phelps Investment Management Co. has more than 39 years of experience managing investment portfolios, including institutional separate accounts and open- and closed-end funds investing in utilities, infrastructure and real estate investment trusts (REITs). For more information, visit www.dpimc.com.

Duff & Phelps is a subsidiary of Virtus Investment Partners (NASDAQ:VRTS), a multi-boutique asset manager with $91.6 billion under management as of June 30, 2018. Virtus provides investment management products and services to individuals and institutions through a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand. Additional information can be found at www.virtus.com.

Cision View original content:http://www.prnewswire.com/news-releases/duff--phelps-utility-and-corporate-bond-trust-announces-dividends-300712534.html

SOURCE Duff & Phelps Utility and Corporate Bond Trust Inc.

View Comments and Join the Discussion!