DNP Select Income Fund Inc. (DNP) to Issue Monthly Dividend of $0.07 on August 12th

DNP Select Income Fund Inc. (NYSE:DNP) announced a monthly dividend on Monday, June 17th, NASDAQ reports. Shareholders of record on Wednesday, July 31st will be paid a dividend of 0.065 per share by the investment management company on Monday, August 12th. This represents a $0.78 dividend on an annualized basis and a yield of 8.84%. The ex-dividend date is Wednesday, July 31st.

DNP Select Income Fund Stock Up 0.3 %

Shares of DNP opened at $8.82 on Monday. DNP Select Income Fund has a 1 year low of $8.02 and a 1 year high of $10.25. The company has a 50 day simple moving average of $8.46 and a two-hundred day simple moving average of $8.71.

About DNP Select Income Fund

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.