{"id":402489,"date":"2020-12-17T19:20:29","date_gmt":"2020-12-18T00:20:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=402489"},"modified":"2020-12-17T19:20:29","modified_gmt":"2020-12-18T00:20:29","slug":"duff-phelps-utility-and-corporate-bond-trust-announces-dividends","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/duff-phelps-utility-and-corporate-bond-trust-announces-dividends\/","title":{"rendered":"Duff &amp; Phelps Utility And Corporate Bond Trust Announces Dividends"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">CHICAGO<\/span>, <span class=\"xn-chron\">Dec. 17, 2020<\/span> \/PRNewswire\/ &#8212; On <span class=\"xn-chron\">December 17, 2020<\/span>, the Board of Directors of Duff &amp; Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) (the &#8220;Fund&#8221;), a closed-end fund advised by Duff &amp; Phelps Investment Management Co., authorized the payment of dividends on the Fund&#8217;s common stock as follows:<\/p>\n<div>\n<table cellspacing=\"0\" cellpadding=\"0\" border=\"0\" class=\"prnbcc\">\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Cents Per Share<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Ex-Dividend Date<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Record Date<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\"><br \/>\n                  <u>Payable Date<\/u><br \/>\n                <\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">January 14, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">January 15, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">January 29, 2021<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.0<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">February 12, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">February 16, 2021<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">February 26, 2021<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">5.0*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 12, 2021*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 15, 2021*<\/span>\n              <\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p\">\n                <span class=\"prnews_span\">March 31, 2021*<\/span>\n              <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n<p>* The March dividend will be declared and paid only if the proposed merger with DNP Select Income Fund Inc. is not consummated prior to <span class=\"xn-chron\">March 12<\/span>, 2021.\u00a0 The proposed merger was announced in a separate press release dated <span class=\"xn-chron\">November 23<\/span>, 2020.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<p>\n        <b>About the Fund<\/b>\n      <\/p>\n<p>Duff &amp; 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.\u00a0 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 <a href=\"http:\/\/www.dpimc.com\/duc\" rel=\"nofollow\">www.dpimc.com\/duc<\/a> or call (800) 338-8214.<\/p>\n<p>\n        <b>About the Investment Adviser<\/b>\n      <\/p>\n<p>Duff &amp; Phelps Investment Management Co. has more than 40 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).\u00a0 For more information, visit <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3017693-1&amp;h=1683831614&amp;u=http%3A%2F%2Fwww.dpimc.com%2F&amp;a=www.dpimc.com\" rel=\"nofollow noopener noreferrer\">www.dpimc.com<\/a>.<\/p>\n<p>Duff &amp; Phelps is a subsidiary of Virtus Investment Partners (NASDAQ: VRTS), a multi-boutique asset manager with <span class=\"xn-money\">$116.5 billion<\/span> under management as of <span class=\"xn-chron\">September 30<\/span>, 2020.\u00a0 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.\u00a0 Additional information can be found at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3017693-1&amp;h=4146523285&amp;u=http%3A%2F%2Fwww.virtus.com%2F&amp;a=www.virtus.com\" rel=\"nofollow noopener noreferrer\">www.virtus.com<\/a>.<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL28801&amp;sd=2020-12-17\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/duff--phelps-utility-and-corporate-bond-trust-announces-dividends-301195687.html\">http:\/\/www.prnewswire.com\/news-releases\/duff&#8211;phelps-utility-and-corporate-bond-trust-announces-dividends-301195687.html<\/a><\/p>\n<p>SOURCE  Duff &amp; Phelps Utility and Corporate Bond Trust Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL28801&amp;Transmission_Id=202012171917PR_NEWS_USPR_____CL28801&amp;DateId=20201217\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire CHICAGO, Dec. 17, 2020 \/PRNewswire\/ &#8212; On December 17, 2020, the Board of Directors of Duff &amp; Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) (the &#8220;Fund&#8221;), a closed-end fund advised by Duff &amp; Phelps Investment Management Co., authorized the payment of dividends on the Fund&#8217;s common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 5.0 January 14, 2021 January 15, 2021 January 29, 2021 5.0 February 12, 2021 February 16, 2021 February 26, 2021 5.0* March 12, 2021* March 15, 2021* March 31, 2021* * The March dividend will be declared and paid only if the proposed merger with DNP Select Income Fund Inc. is not consummated prior to March 12, 2021.\u00a0 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duff-phelps-utility-and-corporate-bond-trust-announces-dividends\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Duff &amp; Phelps Utility And Corporate Bond Trust Announces Dividends&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-402489","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Duff &amp; Phelps Utility And Corporate Bond Trust Announces Dividends - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/duff-phelps-utility-and-corporate-bond-trust-announces-dividends\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Duff &amp; Phelps Utility And Corporate Bond Trust Announces Dividends - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CHICAGO, Dec. 17, 2020 \/PRNewswire\/ &#8212; On December 17, 2020, the Board of Directors of Duff &amp; Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) (the &#8220;Fund&#8221;), a closed-end fund advised by Duff &amp; Phelps Investment Management Co., authorized the payment of dividends on the Fund&#8217;s common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 5.0 January 14, 2021 January 15, 2021 January 29, 2021 5.0 February 12, 2021 February 16, 2021 February 26, 2021 5.0* March 12, 2021* March 15, 2021* March 31, 2021* * The March dividend will be declared and paid only if the proposed merger with DNP Select Income Fund Inc. is not consummated prior to March 12, 2021.\u00a0 &hellip; Continue reading &quot;Duff &amp; Phelps Utility And Corporate Bond Trust Announces Dividends&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/duff-phelps-utility-and-corporate-bond-trust-announces-dividends\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-18T00:20:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL28801&amp;sd=2020-12-17\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duff-phelps-utility-and-corporate-bond-trust-announces-dividends\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/duff-phelps-utility-and-corporate-bond-trust-announces-dividends\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Duff &amp; 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(NYSE: DUC) (the &#8220;Fund&#8221;), a closed-end fund advised by Duff &amp; Phelps Investment Management Co., authorized the payment of dividends on the Fund&#8217;s common stock as follows: Cents Per Share Ex-Dividend Date Record Date Payable Date 5.0 January 14, 2021 January 15, 2021 January 29, 2021 5.0 February 12, 2021 February 16, 2021 February 26, 2021 5.0* March 12, 2021* March 15, 2021* March 31, 2021* * The March dividend will be declared and paid only if the proposed merger with DNP Select Income Fund Inc. is not consummated prior to March 12, 2021.\u00a0 &hellip; Continue reading \"Duff &amp; Phelps Utility And Corporate Bond Trust Announces Dividends\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/duff-phelps-utility-and-corporate-bond-trust-announces-dividends\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-18T00:20:29+00:00","og_image":[{"url":"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL28801&amp;sd=2020-12-17","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duff-phelps-utility-and-corporate-bond-trust-announces-dividends\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/duff-phelps-utility-and-corporate-bond-trust-announces-dividends\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Duff &amp; 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