DNP Select Income Fund Inc. (NYSE:DNP - Get Free Report) declared a monthly dividend on Monday, March 17th, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 30th will be paid a dividend of 0.065 per share by the investment management company on Monday, May 12th. This represents a $0.78 annualized dividend and a dividend yield of 8.13%. The ex-dividend date of this dividend is Wednesday, April 30th.
DNP Select Income Fund has decreased its dividend by an average of 7.0% per year over the last three years.
DNP Select Income Fund Trading Down 0.1 %
Shares of NYSE:DNP traded down $0.01 during trading on Thursday, reaching $9.60. The company had a trading volume of 519,385 shares, compared to its average volume of 695,226. The firm's fifty day moving average is $9.49 and its 200 day moving average is $9.40. DNP Select Income Fund has a twelve month low of $8.02 and a twelve month high of $10.04.
Insider Transactions at DNP Select Income Fund
In other DNP Select Income Fund news, Director Geraldine M. Mcnamara sold 11,391 shares of the firm's stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $9.41, for a total transaction of $107,189.31. Following the completion of the sale, the director now directly owns 5,344 shares in the company, valued at approximately $50,287.04. This trade represents a 68.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.06% of the stock is owned by insiders.
DNP Select Income Fund Company Profile
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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.
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