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

DNP Select Income Fund Inc. (NYSE:DNP) declared a monthly dividend on Monday, September 23rd, Wall Street Journal reports. Stockholders of record on Friday, November 29th will be given a dividend of 0.065 per share by the investment management company on Tuesday, December 10th. This represents a $0.78 annualized dividend and a dividend yield of 7.81%. The ex-dividend date of this dividend is Friday, November 29th.

DNP Select Income Fund Price Performance

NYSE DNP traded up $0.13 on Monday, reaching $9.99. The company had a trading volume of 552,111 shares, compared to its average volume of 682,330. The company’s fifty day moving average is $9.19 and its 200-day moving average is $8.87. DNP Select Income Fund has a 1-year low of $8.02 and a 1-year high of $10.05.

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.