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DPG

Duff & Phelps Utility and Infrastructure FundNYSE:DPG Stock Report

Last Price

US$14.33

Market Cap

US$549.2m

7D

-0.1%

1Y

10.2%

Updated

21 Jan, 2022

Data

Company Financials
DPG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

DPG Stock Overview

Duff & Phelps Utility and Infrastructure Fund Inc is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc.

Price History & Performance

Summary of all time highs, changes and price drops for Duff & Phelps Utility and Infrastructure Fund
Historical stock prices
Current Share PriceUS$14.33
52 Week HighUS$15.41
52 Week LowUS$12.72
Beta0
1 Month Change5.06%
3 Month Change0.49%
1 Year Change10.23%
3 Year Change5.29%
5 Year Change-13.10%
Change since IPO-28.35%

Recent News & Updates

Oct 29

DPG: Good Fund, Reasonable But Premium Valuation

Utilities and infrastructure are generally good entities for retirees and other income-focused investors. DPG invests in these generally stable entities and boasts a reasonably diversified portfolio that is mostly focused on utilities and midstream. The future of both utilities and midstream is quite bright, although electric utilities may not see the growth that some people expect. The fund easily covered its distributions during the most recent fiscal period, which is very comforting. The valuation is a premium but not nearly as high as it typically averages.

Aug 14

Evaluating CEFs: DPG Had A Good Year, But Still Is Overpaying The Distribution

DPG has an attractive 9.6% yield and I like the manager. This is a great investment if it can support the distribution. I continue my series looking at CEFs beyond just the yield. While the fund did well over the last year, its long-term performance and distribution coverage is still a concern. This last year's performance isn't enough to make it a buy, but it likely put off the inevitable distribution cut.

Jul 08

DPG: ~9.6% Distribution Rate On This Utility Fund

DPG recently slid from its historically high premium before charging back up higher. Though some of this had come from a decline in NAV as utilities have sold off. The fund has historically been weaker than its peers, but that doesn't necessarily mean going forward it will be the same result.

Jun 09

Duff & Phelps Utility and Infrastructure Fund declares $0.35 dividend

Duff & Phelps Utility and Infrastructure Fund (DPG) declares $0.35/share quarterly dividend, in line with previous.Forward yield 9.2%Payable Sept. 14; for shareholders of record Sept. 5; ex-div Sept. 4.See DPG Dividend Scorecard, Yield Chart, & Dividend Growth.

Dec 27

DPG: An Interesting Way To Bet On Renewables

One of the most popular investments among conservative investors looking for income is utilities. This makes a great deal of sense as these entities tend to have very stable business models and reasonably attractive dividend yields. Today's zero-interest rate environment has mad these yields less attractive than they once were though as investors that are hungry for yield have flocked into the sector and thus pushing stock prices up and dividend yields down. In addition

Shareholder Returns

DPGUS Capital MarketsUS Market
7D-0.1%-5.5%-4.6%
1Y10.2%24.6%7.7%

Return vs Industry: DPG underperformed the US Capital Markets industry which returned 24.6% over the past year.

Return vs Market: DPG exceeded the US Market which returned 7.7% over the past year.

Price Volatility

Is DPG's price volatile compared to industry and market?
DPG volatility
DPG Average Weekly Movement2.0%
Capital Markets Industry Average Movement0.7%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: DPG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: DPG's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aNathan Partainhttps://www.dpgfund.com

Duff & Phelps Utility and Infrastructure Fund Inc is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc. The fund is managed by Duff & Phelps Investment Management Co. It invests in the public equity markets across the globe. The fund seeks to invest in the companies operating in utility sector. It invests in stocks of companies across diversified market capitalizations.

Duff & Phelps Utility and Infrastructure Fund Fundamentals Summary

How do Duff & Phelps Utility and Infrastructure Fund's earnings and revenue compare to its market cap?
DPG fundamental statistics
Market CapUS$549.22m
Earnings (TTM)US$0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
DPG income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
ExpensesUS$0
EarningsUS$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did DPG perform over the long term?

See historical performance and comparison

Valuation

Is Duff & Phelps Utility and Infrastructure Fund undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Duff & Phelps Utility and Infrastructure Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Duff & Phelps Utility and Infrastructure Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Duff & Phelps Utility and Infrastructure Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

6.3%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Duff & Phelps Utility and Infrastructure Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Duff & Phelps Utility and Infrastructure Fund performed over the past 5 years?

20.3%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Duff & Phelps Utility and Infrastructure Fund has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Duff & Phelps Utility and Infrastructure Fund's financial position?


In this section we usually analyse Duff & Phelps Utility and Infrastructure Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Duff & Phelps Utility and Infrastructure Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Duff & Phelps Utility and Infrastructure Fund current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment

TodayJan 21 2022Ex Dividend DateMar 14 2022Dividend Pay DateMar 31 202217 days from Ex DividendBuy in the next 52 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: Unable to evaluate DPG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate DPG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if DPG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if DPG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of DPG's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

10.7yrs

Average board tenure


CEO

Nathan Partain (64 yo)

no data

Tenure

Mr. Nathan Ivey Partain, CFA serves as Consultant at Duff & Phelps Investment Management Co. Earlier he served as Director at Duff & Phelps Investment Management Co. since May 2007 and Co-Chief Investment...


Board Members

Experienced Board: DPG's board of directors are seasoned and experienced ( 10.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Duff & Phelps Utility and Infrastructure Fund Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Duff & Phelps Utility and Infrastructure Fund Inc.
  • Ticker: DPG
  • Exchange: NYSE
  • Founded: 2011
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: US$549.224m
  • Shares outstanding: 37.93m
  • Website: https://www.dpgfund.com

Location

  • Duff & Phelps Utility and Infrastructure Fund Inc.
  • 200 South Wacker Drive
  • Suite 500
  • Chicago
  • Illinois
  • 60606
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 00:04
End of Day Share Price2022/01/20 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.