Geraldine M. Mcnamara Sells 11,391 Shares of DNP Select Income Fund Inc. (NYSE:DNP) Stock

Posted by Tech Dows on Feb 22nd, 2025

DNP Select Income Fund Inc. (NYSE:DNP – Get Free Report) Director Geraldine M. Mcnamara sold 11,391 shares of DNP Select Income Fund stock in a transaction on Wednesday, February 19th. The shares were sold at an average price of $9.41, for a total value of $107,189.31. Following the sale, the director now directly owns 5,344 shares of the company’s stock, valued at $50,287.04. This represents a 68.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

DNP Select Income Fund Stock Up 0.1 %

NYSE:DNP opened at $9.46 on Friday. The business’s 50-day moving average price is $9.23 and its two-hundred day moving average price is $9.41. DNP Select Income Fund Inc. has a twelve month low of $8.02 and a twelve month high of $10.04.

DNP Select Income Fund Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Monday, February 3rd were paid a $0.065 dividend. This represents a yield of 8.24%. The ex-dividend date of this dividend was Friday, January 31st.

Institutional Investors Weigh In On DNP Select Income Fund

Several hedge funds have recently bought and sold shares of DNP. Safe Harbor Fiduciary LLC bought a new position in shares of DNP Select Income Fund in the 3rd quarter worth $28,000. Crews Bank & Trust purchased a new position in DNP Select Income Fund in the fourth quarter worth $29,000. UMB Bank n.a. bought a new position in DNP Select Income Fund in the fourth quarter valued at $34,000. Tandem Financial LLC purchased a new stake in DNP Select Income Fund during the fourth quarter valued at about $34,000. Finally, Sunbelt Securities Inc. bought a new stake in DNP Select Income Fund during the fourth quarter worth about $34,000. 8.51% of the stock is currently owned by institutional investors.

DNP Select Income Fund Company Profile

(Get Free Report)

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.