Duff Phelps Utility and Corporate Bond Trust announced that the board of directors approved monthly common stock dividend of 3.5 cents per share. All the respective shareholders of record dates on July 15, 2019, August 15, 2019 and September 16, 2019 will receive the dividend payment on July 31, 2019, August 30, 2019 September 30, 2019 respectively.