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

DNP Select Income Fund Inc. (NYSE:DNP) announced a monthly dividend on Thursday, September 19th, Zacks reports. Stockholders of record on Thursday, October 31st will be paid a dividend of 0.065 per share by the investment management company on Tuesday, November 12th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 8.10%. The ex-dividend date of this dividend is Thursday, October 31st.

DNP Select Income Fund Stock Performance

NYSE:DNP traded down $0.07 during midday trading on Tuesday, reaching $9.63. The stock had a trading volume of 131,249 shares, compared to its average volume of 659,747. DNP Select Income Fund has a 1-year low of $8.02 and a 1-year high of $10.04. The firm’s fifty day simple moving average is $9.67 and its 200-day simple moving average is $9.01.

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.