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DUFF & PHELPS UTILITIES INCOME INC. DECLARES CAPITAL GAIN DISTRIBUTION

 CHICAGO, Nov. 18 /PRNewswire/ -- Duff & Phelps Utilities Income Inc. (NYSE: DNP) a closed-end investment company, yesterday declared a capital gain distribution of $15,318,810 equivalent to 9.75 cents per share on its common stock payable on Jan. 10, 1994, in shares of common stock or cash, at the election of each shareholder, to shareholders of record on Nov. 29, 1993.
 -0- 11/18/93
 /CONTACT: Richard J. Spletzer, CFA of Duff & Phelps Utilities Income Inc., 312-368-5510/
 (DNP)


CO: Duff & Phelps Utilities Income Inc. ST: Illinois IN: SU: DIV

CK -- NY059 -- 6038 11/18/93 12:38 EST
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Publication:PR Newswire
Date:Nov 18, 1993
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