Duff & Phelps Utilities Tax-Free Income Inc. (DTF) Plans Monthly Dividend of $0.05
Duff & Phelps Utilities Tax-Free Income Inc. (NYSE:DTF) declared a monthly dividend on Wednesday, September 20th, Wall Street Journal reports. Investors of record on Wednesday, November 15th will be given a dividend of 0.05 per share by the investment management company on Thursday, November 30th. This represents a $0.60 annualized dividend and a yield of 4.12%. The ex-dividend date is Tuesday, November 14th.
Duff & Phelps Utilities Tax-Free Income (DTF) traded down 0.41% during trading on Wednesday, reaching $14.55. The company had a trading volume of 8,497 shares. The stock has a 50 day moving average of $14.58 and a 200-day moving average of $14.81. Duff & Phelps Utilities Tax-Free Income has a 12-month low of $14.09 and a 12-month high of $16.60.
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About Duff & Phelps Utilities Tax-Free Income
DTF Tax-Free Income Inc is a diversified, closed-end management investment company. The Fund’s investment objective is current income exempt from regular federal income tax consistent with the preservation of capital. The Fund seeks to achieve its investment objective by investing primarily (approximately 80% of its total assets) in a diversified portfolio of investment-grade tax-exempt obligations.
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