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
|Historical stock prices|
|Current Share Price||US$14.33|
|52 Week High||US$15.41|
|52 Week Low||US$12.72|
|1 Month Change||5.06%|
|3 Month Change||0.49%|
|1 Year Change||10.23%|
|3 Year Change||5.29%|
|5 Year Change||-13.10%|
|Change since IPO||-28.35%|
Recent News & Updates
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.
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.
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.
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.
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
|DPG||US Capital Markets||US Market|
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.
|DPG Average Weekly Movement||2.0%|
|Capital Markets Industry Average Movement||0.7%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.7%|
|10% least volatile stocks in US Market||2.4%|
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
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
|DPG fundamental statistics|
Is DPG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|DPG income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Next Earnings Date
|Earnings per share (EPS)||0|
|Net Profit Margin||0.00%|
How did DPG perform over the long term?See historical performance and comparison
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.
How is Duff & Phelps Utility and Infrastructure Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Duff & Phelps Utility and Infrastructure Fund performed over the past 5 years?
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.
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.
What is Duff & Phelps Utility and Infrastructure Fund current dividend yield, its reliability and sustainability?
Upcoming Dividend Payment
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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Nathan Partain (64 yo)
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...
Experienced Board: DPG's board of directors are seasoned and experienced ( 10.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Duff & Phelps Utility and Infrastructure Fund Inc.'s employee growth, exchange listings and data sources
- 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
- Duff & Phelps Utility and Infrastructure Fund Inc.
- 200 South Wacker Drive
- Suite 500
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/21 00:04|
|End of Day Share Price||2022/01/20 00:00|
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.