DNP Select Income Fund Inc. (NYSE:DNP – Get Free Report) declared a monthly dividend on Thursday, September 17th. Investors of record on Monday, November 30th will be paid a dividend of 0.065 per share by the investment management company on Thursday, December 10th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date is Monday, November 30th.
DNP Select Income Fund Stock Up 0.2%
Shares of DNP stock opened at $10.22 on Friday. DNP Select Income Fund has a one year low of $9.69 and a one year high of $11.16. The stock has a fifty day moving average price of $10.84 and a 200 day moving average price of $10.68.
About DNP Select Income Fund
DNP Select Income Fund, Inc is a closed-end management investment company listed on the New York Stock Exchange under the symbol DNP. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective.
DNP invests primarily in companies involved in public utilities and other infrastructure-related industries. Its portfolio has historically emphasized electric, natural gas and telecommunications businesses, including regulated utilities and other issuers whose operations may generate relatively stable cash flows and dividend income.
The fund is managed by Duff & Phelps Investment Management Co, an investment adviser specializing in utility and infrastructure securities.
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