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 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 annualized dividend and a yield of 8.79%. The ex-dividend date of this dividend is Wednesday, July 31st.

DNP Select Income Fund Stock Performance

DNP stock opened at $8.88 on Tuesday. DNP Select Income Fund has a one year low of $8.02 and a one year high of $10.25. The company has a fifty day moving average of $8.46 and a 200-day 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.