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

DNP Select Income Fund Inc. (NYSE:DNP) announced a monthly dividend on Tuesday, December 17th,Wall Street Journal reports. Investors of record on Monday, March 31st will be paid a dividend of 0.065 per share by the investment management company on Thursday, April 10th. This represents a $0.78 dividend on an annualized basis and a yield of 8.65%. The ex-dividend date of this dividend is Monday, March 31st.

DNP Select Income Fund Trading Down 0.9 %

NYSE:DNP traded down $0.08 during mid-day trading on Tuesday, hitting $9.02. The company had a trading volume of 898,095 shares, compared to its average volume of 656,365. The business has a fifty day simple moving average of $9.48 and a 200-day simple moving average of $9.16. DNP Select Income Fund has a 1 year low of $8.02 and a 1 year 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.