DNP Select Income Fund Inc. (DNP) To Go Ex-Dividend on February 28th

DNP Select Income Fund Inc. (NYSE:DNP) announced a monthly dividend on Monday, December 16th, investing.com reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.065 per share by the investment management company on Monday, March 10th. This represents a $0.78 annualized dividend and a dividend yield of 8.21%. The ex-dividend date is Friday, February 28th.

DNP Select Income Fund has decreased its dividend by an average of 15.2% per year over the last three years.

DNP Select Income Fund Stock Performance

DNP Select Income Fund stock opened at $9.50 on Wednesday. The stock’s 50 day moving average price is $9.24 and its 200 day moving average price is $9.42. DNP Select Income Fund has a 1-year low of $8.02 and a 1-year high of $10.04.

Insider Buying and Selling at DNP Select Income Fund

In other DNP Select Income Fund news, Director Geraldine M. Mcnamara sold 11,391 shares of the firm’s stock in a transaction on Wednesday, February 19th. The stock was sold at an average price of $9.41, for a total transaction of $107,189.31. Following the completion of the transaction, the director now owns 5,344 shares of the company’s stock, valued at approximately $50,287.04. This trade represents a 68.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.06% of the stock is currently owned by corporate insiders.

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.