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

DNP Select Income Fund Inc. (NYSE:DNP) announced a monthly dividend on Monday, December 16th,NASDAQ Dividends reports. Stockholders of record on Friday, January 31st will be paid a dividend of 0.065 per share by the investment management company on Monday, February 10th. This represents a $0.78 annualized dividend and a dividend yield of 8.40%. The ex-dividend date is Friday, January 31st.

DNP Select Income Fund Stock Performance

Shares of DNP stock opened at $9.29 on Wednesday. The stock’s fifty day moving average is $9.24 and its 200-day moving average is $9.33. DNP Select Income Fund has a 52 week low of $8.02 and a 52 week high of $10.04.

About DNP Select Income Fund

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.