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.
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SOURCE Duff & Phelps Utility and Corporate Bond Trust
Inc.