DNP Select Income Fund Inc. Plans Monthly Dividend of $0.07 (dnp)
DNP Select Income Fund Inc. (NYSE:dnp) declared a monthly dividend on Monday, December 19th. Shareholders of record on Friday, March 31st will be paid a dividend of 0.065 per share by the investment management company on Monday, April 10th. This represents a $0.78 annualized dividend and a yield of 7.14%. The ex-dividend date is Wednesday, March 29th.
Shares of DNP Select Income Fund (NYSE:DNP) remained flat at $10.93 on Thursday. 230,342 shares of the company’s stock were exchanged. DNP Select Income Fund has a 12-month low of $9.81 and a 12-month high of $10.97. The company’s 50-day moving average price is $10.76 and its 200-day moving average price is $10.43. The stock has a market cap of $3.10 billion, a PE ratio of 7.60 and a beta of 0.34.
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About DNP Select Income Fund
DNP Select Income Fund Inc is a closed-end diversified management investment company. The Fund’s primary investment objectives are current income and long-term growth of income. Capital appreciation is a secondary objective. It seeks to achieve its investment objectives by investing primarily in the public utility industry.
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