Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC) Stock Price Up 0.1%
Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC)’s stock price rose 0.1% during mid-day trading on Tuesday . The stock traded as high as $8.74 and last traded at $8.74, approximately 800 shares traded hands during mid-day trading. A decline of 97% from the average daily volume of 30,090 shares. The stock had previously closed at $8.73.
The stock has a 50 day moving average of $8.76.
The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a $0.035 dividend. The ex-dividend date is Friday, September 13th. This represents a $0.42 annualized dividend and a yield of 4.81%.
Duff & Phelps Utility & Corp Bond Trust Company Profile (NYSE:DUC)
Duff & Phelps Utility and Corporate Bond Trust, Inc is a close ended fixed income mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff and Phelps Investment Management Co It invests in the fixed income markets. The fund invests primarily in a utility income securities, corporate income securities, mortgage-backed securities, and asset-backed securities.
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