DPG Stock Summary and Trading Ideas (Duff & Phelps Global Utility Income | NYSE:DPG)

The Fund’s investment objective is to seek total return, resulting primarily from (i) a high level of current income, with an emphasis on providing tax-advantaged dividend income and (ii) growth in current income, and secondarily from capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its total assets in dividend-paying equity securities of companies in the utility industry. For purposes of the foregoing policy, dividend paying equity securities must be issued by companies with a market capitalization of at least $500 million at the time of purchase, except with respect to companies in the telecommunications sector, which must have a market capitalization of at least $1 billion at the time of purchase. Also for purposes of the foregoing policy, the utility industry is defined to include the following sectors: electric, gas, water, telecommunications and midstream energy. These sectors are defined as follows: • The electric sector of the utility industry consists of companies involved to a significant extent in the generation, transmission, distribution, delivery or sale of electricity. • The gas sector of the utility industry consists of companies involved to a significant extent in the transmission, distribution, delivery or sale of natural gas. • The water sector of the utility industry consists of companies involved to a significant extent in the distribution or sale of water. • The telecommunications sector of the utility industry consists of companies involved to a significant extent in the transmission of voice, data or other information over the electromagnetic spectrum (including wireline telephone, wireless telephone, cable television, Internet and other communications media). • The midstream energy sector of the utility industry consists of companies involved to a significant extent in the gathering, transportation, processing, storing, marketing or distribution of natural gas, natural gas liquids (including propane), crude oil, refined petroleum products or coal. The use of leverage enables the Fund to borrow at short-term rates and invest at higher yields on equity holdings.

Duff & Phelps Global Utility Income trades on the NYSE stock market under the symbol DPG.

As of April 22, 2024, DPG stock price climbed to $9.37 with 81,254 million shares trading.

DPG has a beta of 0.22, meaning it tends to be less sensitive to market movements. DPG has a correlation of 0.01 to the broad based SPY ETF.

DPG has a market cap of $357.76 million. This is considered a Small Cap stock.

In the last 3 years, DPG stock traded as high as $15.68 and as low as $7.90.

DPG stock has underperformed the market in the last year with a return of -20.3%, while SPY returned +22.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DPG shares. However, DPG has outperformed the market in the last 3 month and 2 week periods, returning +7.2% and -0.3%, while SPY returned +3.7% and -3.7%, respectively. This indicates DPG has been having a stronger performance recently.

DPG support price is $9.11 and resistance is $9.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DPG stock will trade within this expected range on the day.