DNP Select Income Fund Inc. (NYSE:DNP) to Issue $0.07 Monthly Dividend

DNP Select Income Fund Inc. (NYSE:DNP) announced a monthly dividend on Tuesday, June 17th, Wall Street Journal reports. Investors of record on Tuesday, September 30th will be given a dividend of 0.065 per share by the investment management company on Friday, October 10th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 8.07%. The ex-dividend date is Tuesday, September 30th.

DNP Select Income Fund Stock Down 0.3%

Shares of NYSE DNP opened at $9.66 on Wednesday. DNP Select Income Fund has a fifty-two week low of $8.08 and a fifty-two week high of $10.04. The firm’s 50-day simple moving average is $9.63 and its 200 day simple moving average is $9.44.

DNP Select Income Fund Company Profile

DNP Select Income Fund Inc is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests in the public equity and fixed income markets of the United States. For the fixed income portion, the fund invests in bonds.