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

by · The Cerbat Gem

DNP Select Income Fund Inc. (NYSE:DNP – Get Free Report) announced a monthly dividend on Thursday, December 11th. Investors of record on Friday, February 27th will be given a dividend of 0.065 per share by the investment management company on Tuesday, March 10th. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date of this dividend is Friday, February 27th.

DNP Select Income Fund Trading Down 0.0%

DNP Select Income Fund stock traded down $0.01 during mid-day trading on Friday, hitting $10.02. 283,018 shares of the company’s stock traded hands, compared to its average volume of 587,678. The firm has a 50 day simple moving average of $10.09 and a two-hundred day simple moving average of $9.91. DNP Select Income Fund has a fifty-two week low of $8.69 and a fifty-two week high of $10.35.

About DNP Select Income Fund

(Get Free Report)

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.

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