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Duff & Phelps Utility and Corporate Bond Trust Announces Dividends

CHICAGO, March 14, 2017 /PRNewswire/ -- The Board of Directors of Duff & Phelps Utility and Corporate Bond Trust Inc. (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

5.0

April 17, 2017

April 28, 2017

5.0

May 15, 2017

May 31, 2017

5.0

June 15, 2017

June 30, 2017

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. is a subsidiary of Virtus Investment Partners (VRTS), a multi-boutique asset manager with $45.4 billion under management as of December 31, 2016.  Duff & Phelps has more than 38 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.

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