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 October 15, 2019, November 15, 2019 and December 16, 2019 will receive the dividend payment on October 31, 2019, November 29, 2019 December 31, 2019 respectively.