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

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

DNP Select Income Fund Price Performance

DNP opened at $9.02 on Wednesday. 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 fifty-two week low of $8.02 and a fifty-two week 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.