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

DNP Select Income Fund Inc. (NYSE:DNP) announced a monthly dividend on Monday, June 16th, Wall Street Journal reports. Stockholders of record on Tuesday, September 30th will be given a dividend of 0.065 per share by the investment management company on Friday, October 10th. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend is Tuesday, September 30th.

DNP Select Income Fund Trading Up 0.5%

NYSE:DNP opened at $9.99 on Friday. DNP Select Income Fund has a 12 month low of $8.69 and a 12 month high of $10.04. The firm has a fifty day simple moving average of $9.87 and a 200-day simple moving average of $9.71.

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.