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 Tuesday, December 31st will be given a dividend of 0.065 per share by the investment management company on Friday, January 10th. This represents a $0.78 dividend on an annualized basis and a yield of 8.67%. The ex-dividend date of this dividend is Tuesday, December 31st.

DNP Select Income Fund Stock Performance

Shares of NYSE DNP opened at $9.00 on Friday. DNP Select Income Fund has a 52-week low of $8.02 and a 52-week high of $10.04. The stock’s 50 day moving average price is $9.36 and its two-hundred day moving average price is $9.18.

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.