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

DNP Select Income Fund Inc. (NYSE:DNP) announced a monthly dividend on Monday, September 23rd,Wall Street Journal reports. Investors of record on Friday, November 29th will be given a dividend of 0.065 per share by the investment management company on Tuesday, December 10th. This represents a $0.78 annualized dividend and a yield of 8.08%. The ex-dividend date of this dividend is Friday, November 29th.

DNP Select Income Fund Price Performance

NYSE:DNP opened at $9.65 on Thursday. DNP Select Income Fund has a one year low of $8.02 and a one year high of $10.04. The company’s 50-day simple moving average is $9.60 and its 200 day simple moving average is $9.09.

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.