Duff & Phelps Utility and Corporate Bond Trust Inc. authorized the payment of monthly dividends on common stock at 3.5 cents per share. The dividend is payable on April 30, 2018, May 31, 2018 and June 29, 2018 respectively to the shareholders of record on April 16, 2018, May 15, 2018 and June 15, 2018 respectively.