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

DNP Select Income Fund Inc. (NYSE:DNP) declared a monthly dividend on Monday, June 15th. Investors of record on Friday, July 31st will be given a dividend of 0.065 per share by the investment management company on Monday, August 10th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend is Friday, July 31st.

DNP Select Income Fund Price Performance

DNP stock opened at $10.72 on Tuesday. The firm has a fifty day moving average price of $10.66 and a 200 day moving average price of $10.34. DNP Select Income Fund has a fifty-two week low of $9.59 and a fifty-two week high of $10.92.

DNP Select Income Fund Company Profile

DNP Select Income Fund is a closed‐end management investment company listed on the New York Stock Exchange under the symbol DNP. The fund’s primary objective is to provide high current income and, as a secondary objective, capital appreciation by investing in income‐producing securities.

To pursue its objectives, DNP Select Income Fund allocates the majority of its assets to equity and equity‐related securities of energy infrastructure companies, with a particular focus on master limited partnerships (MLPs) in the midstream sector.