DNP Select Income Fund Inc. (DNP) to Issue Dividend of $0.07 on February 10th

DNP Select Income Fund Inc. (NYSE:DNP) announced a dividend on Wednesday, January 29th,investing.com reports. Investors of record on Monday, February 3rd will be given a dividend of 0.065 per share by the investment management company on Monday, February 10th. This represents a yield of 8.34%. The ex-dividend date of this dividend is Friday, January 31st.

DNP Select Income Fund Stock Up 1.0 %

Shares of DNP traded up $0.10 during midday trading on Wednesday, reaching $9.37. 657,534 shares of the stock were exchanged, compared to its average volume of 746,852. The firm has a 50 day simple moving average of $9.25 and a 200-day simple moving average of $9.33. DNP Select Income Fund has a 12-month low of $8.02 and a 12-month high of $10.04.

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.