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

DNP Select Income Fund Inc. (NYSE:DNP) declared a monthly dividend on Tuesday, September 24th, Wall Street Journal reports. Investors of record on Friday, November 29th will be paid a dividend of 0.065 per share by the investment management company on Tuesday, December 10th. This represents a $0.78 dividend on an annualized basis and a yield of 7.82%. The ex-dividend date of this dividend is Friday, November 29th.

DNP Select Income Fund Stock Up 1.2 %

Shares of NYSE:DNP opened at $9.98 on Tuesday. The company has a 50 day moving average of $9.22 and a 200-day moving average of $8.88. DNP Select Income Fund has a twelve month low of $8.02 and a twelve month 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.