DNP Select Income Fund Inc. (DNP) to Issue Monthly Dividend of $0.07 on January 10th

DNP Select Income Fund Inc. (NYSE:DNP) declared a monthly dividend on Tuesday, September 24th,Wall Street Journal reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.065 per share by the investment management company on Friday, January 10th. This represents a $0.78 dividend on an annualized basis and a dividend yield of 8.67%. The ex-dividend date is Tuesday, December 31st.

DNP Select Income Fund Trading Up 0.2 %

Shares of DNP stock opened at $9.00 on Friday. The company’s fifty day moving average price is $9.36 and its two-hundred day moving average price is $9.18. DNP Select Income Fund has a 12 month low of $8.02 and a 12 month 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.