U.S. Markets closed

Duff & Phelps Utility And Corporate Bond Trust Announces Dividends

  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

CHICAGO, Dec. 17, 2020 /PRNewswire/ -- On December 17, 2020, the Board of Directors of Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) (the "Fund"), a closed-end fund advised by Duff & Phelps Investment Management Co., authorized the payment of dividends on the Fund's common stock as follows:

Cents Per Share

Ex-Dividend Date

Record Date

Payable Date


January 14, 2021

January 15, 2021

January 29, 2021


February 12, 2021

February 16, 2021

February 26, 2021


March 12, 2021*

March 15, 2021*

March 31, 2021*

* The March dividend will be declared and paid only if the proposed merger with DNP Select Income Fund Inc. is not consummated prior to March 12, 2021. The proposed merger was announced in a separate press release dated November 23, 2020.

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.dpimc.com/duc or call (800) 338-8214.

About the Investment Adviser

Duff & Phelps Investment Management Co. has more than 40 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 $116.5 billion under management as of September 30, 2020. 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.


View original content:http://www.prnewswire.com/news-releases/duff--phelps-utility-and-corporate-bond-trust-announces-dividends-301195687.html

SOURCE Duff & Phelps Utility and Corporate Bond Trust Inc.