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

DNP Select Income Fund Inc. (NYSE:DNP) declared a monthly dividend on Monday, September 23rd,Wall Street Journal reports. Shareholders of record on Friday, November 29th will be given a dividend of 0.065 per share by the investment management company on Tuesday, December 10th. This represents a $0.78 annualized dividend and a dividend yield of 8.13%. The ex-dividend date is Friday, November 29th.

DNP Select Income Fund Stock Up 0.9 %

DNP stock opened at $9.60 on Wednesday. The firm’s fifty day moving average is $9.61 and its 200 day moving average is $9.09. DNP Select Income Fund has a 52 week low of $8.02 and a 52 week high of $10.04.

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.