CHICAGO, March 14, 2017 /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
|
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 (NASDAQ: 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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SOURCE Duff & Phelps Utility and Corporate Bond Trust
Inc.