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

DNP Select Income Fund Inc. (NYSE:DNP) declared a monthly dividend on Tuesday, December 17th,Wall Street Journal reports. Investors of record on Monday, March 31st will be paid a dividend of 0.065 per share by the investment management company on Thursday, April 10th. This represents a $0.78 dividend on an annualized basis and a yield of 8.82%. The ex-dividend date is Monday, March 31st.

DNP Select Income Fund Stock Down 2.0 %

NYSE:DNP opened at $8.84 on Thursday. The company has a 50 day simple moving average of $9.46 and a two-hundred day simple moving average of $9.16. DNP Select Income Fund has a 12 month low of $8.02 and a 12 month high of $10.04.

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.