DNP Select Income Fund Inc. Plans Monthly Dividend of $0.07 (NYSE:DNP)

DNP Select Income Fund Inc. (NYSE:DNP) declared a monthly dividend on Monday, June 17th, NASDAQ reports. Shareholders of record on Wednesday, July 31st will be given a dividend of 0.065 per share by the investment management company on Monday, August 12th. This represents a $0.78 annualized dividend and a yield of 8.87%. The ex-dividend date of this dividend is Wednesday, July 31st.

DNP Select Income Fund Price Performance

NYSE:DNP opened at $8.79 on Monday. DNP Select Income Fund has a 1-year low of $8.02 and a 1-year high of $10.27. The business’s 50-day moving average price is $8.46 and its two-hundred day moving average price is $8.71.

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.