D/P SELECTED UTILITIES <DNP> HIKES PAYOUTS
Duff and Phelps Selected Utilities Inc
said it approved payment of higher monthly dividends.
    The closed end-investment company approved payment of 4.5
cts on April 10, record March 31; of five cts, payable May 11,
record April 30; and of 5.5 cts, payable June 10, record May
29.
    Duff and Phelps first monthly dividend of four cts was paid
on March 10, it noted.
 Reuter
